AGILYSYS INC — Director's Dealing 2004

Apr 8, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AGILYSYS INC (AGYS)
CIK: 0000078749
Period of Report: 2004-04-07

Reporting Person: RHEIN ARTHUR (Director, Chairman, President and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-04-07	Common Shares, without par value	M	12780.0000	$11.3330	Acquired	427905.0000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2004-04-07	Options to purchase common stock	$11.3330	M	12780.0000	Disposed	2004-04-22	Common stock (12780.0000)	Direct

Footnotes

F1: Exercise of options granted 4/22/94 under 1991 Stock Option Plan, of which 3,960 shares became exercisable on 4/22/02 and 8,820 shares became exercisable on 4/22/03.