ALICO, INC. — Director's Dealing 2003

Dec 2, 2003

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ALICO INC (alco)
CIK: 0000003545
Period of Report: 2003-12-02

Reporting Person: ALICO INC (Director, President & COO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2003-12-01	Alico, Inc. Common Stock	M	2693	$14.62	Acquired	9513	Direct
2003-12-01	Alico, Inc. Common Stock	M	1000	$34.863	Disposed	8513	Direct
2003-12-01	Alico, Inc. Common Stock	M	693	$34.641	Disposed	7820	Direct
2003-12-01	Alico, Inc. Common Stock	M	1000	$34.649	Disposed	6820	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2003-12-01	Option for Common Stock	$14.62	M	2693	Acquired	2010-08-31	Common Stock (2693)	Direct
2003-12-01	Option for Common Stock	$14.62	M	2693	Disposed	2010-08-31	Common Stock (2693)	Direct