AGILYSYS INC — Director's Dealing 2004

Sep 23, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AGILYSYS INC (AGYS)
CIK: 0000078749
Period of Report: 2004-09-22

Reporting Person: KOLERUS KEITH M (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-09-22	Common shares, without par value	M	7500	$8.438	Acquired	12500	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2004-09-22	Options to purchase common stock	$8.438	M	7500	Disposed	2008-07-27	Common shares (7500)	Direct

Footnotes

F1: Options become exercisable as follows: 1,500 on 7/29/98; 1,500 on 7/29/99; 1,500 on 7/29/00; 1,500 on 7/29/01 and 1,500 on 7/29/02.