ALEXANDERS INC — Director's Dealing 2004

Jun 2, 2004

SEC Form 4/A — Form 4/A

Issuer: ALEXANDERS INC (TEX)
CIK: 0000003499
Period of Report: 2004-05-26

Reporting Person: UNDERBERG NEIL (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-05-26	Common Shares	M	2000	$70.375	Acquired	2500	Direct
2004-05-26	Common Shares	S	1000	$161.402	Disposed	1500	Direct
2004-05-27	Common Shares	S	1000	$161.55	Acquired	500	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2004-05-26	Option (Right to Buy)	$70.375	M	2000	Acquired	2009-03-04	Common Shares (2000)	Direct

Footnotes

F1: Number of shares beneficially owned as of May 26, 2004.

F2: Immediately