AGILYSYS INC — Director's Dealing 2007

Feb 8, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AGILYSYS INC (AGYS)
CIK: 0000078749
Period of Report: 2007-02-07

Reporting Person: BAILEY ROBERT J (Exec. VP)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-02-07	Common shares, without par value	S	6000	$20.00	Disposed	80094	Direct
2007-02-07	Common shares, without par value	S	20000	$19.99	Disposed	86094	Direct
2007-02-07	Common shares, without par value	M	20000	$13.75	Acquired	106094	Direct
2007-02-07	Common shares, without par value	M	9000	$12.375	Acquired	86094	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-02-07	Options to purchase common stock	$13.75	M	20000	Disposed	2010-04-26	common stock (20000)	Direct
2007-02-07	Options to purchase common stock	$12.375	M	9000	Disposed	2007-04-03	common stock (9000)	Direct

Footnotes

F1: Shares were sold at an average price of $19.99.

F2: Options became exercisable as follows: 1,097 on 4/3/98; 3,651 on 4/3/99; and 4,252 on 4/3/00.