ALICO, INC. — Director's Dealing 2004

Mar 8, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ALICO INC (alco)
CIK: 0000003545
Period of Report: 2004-03-05

Reporting Person: BRANTLEY JOHN T (Vice President Sugarcane)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-03-05	Alico, Inc. Common Stock, Par Value $1.00	M	3000	$15.68	Acquired	3000	Direct
2004-03-05	Alico, Inc. Common Stock, Par Value $1.00	S	500	$36.36	Disposed	2500	Direct
2004-03-05	Alico, Inc. Common Stock, Par Value $1.00	S	2100	$35.25	Disposed	400	Direct
2004-03-05	Alico, Inc. Common Stock, Par Value $1.00	S	200	$35.27	Disposed	200	Direct
2004-03-05	Alico, Inc. Common Stock, Par Value $1.00	S	200	$35.26	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2004-03-05	Option for Common Stock	$15.68	M	3000	Acquired	2013-09-09	Common Stock (3000)	Direct
2004-03-05	Option for Common Stock	$15.68	S	3000	Disposed	2013-09-09	Common Stock (3000)	Direct