ALICO, INC. — Director's Dealing 2003

Nov 25, 2003

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ALICO INC (alco)
CIK: 0000003545
Period of Report: 2003-11-24

Reporting Person: ALICO INC (Vice President Ranch Operation)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2003-11-24	Alico, Inc. Common Stock	M	500	$15.68	Acquired	500	Direct
2003-11-24	Alico, Inc. Common Stock	M	500	$33.75	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2003-11-24	Alico, Inc.	$15.68	M	500	Acquired	2012-08-31	Common Stock (500)	Direct
2003-11-24	Alico, Inc. Common Stock	$15.68	M	500	Disposed	2012-08-31	Common Stock (500)	Direct