ALICO, INC. — Director's Dealing 2004

Aug 9, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ALICO INC (alco)
CIK: 0000003545
Period of Report: 2004-07-29

Reporting Person: GRIGSBY B WADE (Vice President Ranch Operation)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-07-29	Alico, Inc., Common Stock, Par Value $1.00	M	509	$15.68	Acquired	509	Direct
2004-07-29	Alico, Inc., Common Stock, Par Value $1.00	S	9	$39	Disposed	500	Direct
2004-07-29	Alico, Inc., Common Stock, Par Value $1.00	S	500	$38.5	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2004-07-29	Option for Common Stock	$15.68	M	509	Acquired	2012-09-10	Common Stock (509)	Direct
2004-07-29	Option for Common Stock	$15.68	S	509	Disposed	2012-09-10	Common Stock (509)	Direct