AGILYSYS INC — Director's Dealing 2008

Nov 26, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AGILYSYS INC (AGYS)
CIK: 0000078749
Period of Report: 2008-11-24

Reporting Person: Cueva R. Andrew (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2008-11-24	Common Stock	P	56403	$2.5214	Acquired	2331398	Indirect
2008-11-25	Common Stock	P	74903	$2.5245	Acquired	2406301	Indirect

Footnotes

F1: Price reported constitutes the average weighted price of shares purchased. Shares were purchased at varying prices in the range of $2.24 - $2.62. The reporting person hereby undertakes, upon request by the Commission staff, the issuer or a security holder of the issuer, to provide full information regarding the number of shares purchased at each separate price.

F2: Price reported constitutes the average weighted price of shares purchased. Shares were purchased at varying prices in the range of $2.37 - $2.63. The reporting person hereby undertakes, upon request by the Commission staff, the issuer or a security holder of the issuer, to provide full information regarding the number of shares purchased at each separate price.

F3: The reporting person may be deemed to share beneficial ownership in the reported Agilysys, Inc. common shares (the "securities") that MAK Capital Fund LP may be deemed to beneficially own. However, the reporting person disclaims beneficial ownership of the securities, except to the extent of his pecuniary interest in MAK Capital Fund LP's interests in such securities. The inclusion of the securities in this report shall not be deemed an admission of beneficial ownership of all of the reported securities for purposes of Section 16 or any other purpose.