ALICO, INC. — Director's Dealing 2004

Apr 20, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ALICO INC (alco)
CIK: 0000003545
Period of Report: 2004-04-20

Reporting Person: OAKLEY THOMAS E (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-04-20	Alico, Inc., Common Stock, Par Value $1.00	M	360	$15.68	Acquired	410	Direct
2004-04-20	Alico, Inc., Common Stock, Par Value $1.00	S	360	$35	Disposed	50	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2004-04-20	Option for Common Stock	$15.68	M	360	Acquired	2012-09-10	Common Stock (360)	Direct
2004-04-20	Option for Common Stock	$15.68	S	360	Disposed	2012-09-10	Common Stock (360)	Direct