AGILYSYS INC — Director's Dealing 2004

Jul 30, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AGILYSYS INC (AGYS)
CIK: 0000078749
Period of Report: 2004-07-28

Reporting Person: SAYERS RICHARD A II (Exec. VP - HR)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2004-07-28	Option to Purchase Common Stock	$13.76	G	31000	Acquired	2014-07-28	Common Stock (31000)	Direct

Footnotes

F1: Granted pursuant to 2000 Stock Incentive Plan.

F2: Includes Nonqualified Option (10,226 shares) and ISO (20,774 shares).

F3: Option vests in three equal annual installments, with first installment vesting on 4/1/05.