ALICO, INC. — Director's Dealing 2004

Mar 5, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

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

Reporting Person: SIMMONS L CRAIG (Vice President & CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-03-03	Alico, Inc. Common Stock, Par Value $1.00	M	4700	$15.68	Acquired	4705	Direct
2004-03-03	Alico, Inc. Common Stock, Par Value $1.00	S	2000	$37.5	Disposed	2705	Direct
2004-03-03	Alico, Inc. Common Stock, Par Value $1.00	S	2000	$37.76	Disposed	705	Direct
2004-03-03	Alico, Inc. Common Stock, Par Value $1.00	S	700	$37.75	Disposed	5	Direct
2004-03-04	Alico, Inc. Common Stock, Par Value $1.00	M	300	$15.68	Acquired	305	Direct
2004-03-04	Alico, Inc Common Stock, Par Value $1.00	M	2305	$21.17	Acquired	2610	Direct
2004-03-04	Alico, Inc. Common Stock, Par Value $1.00	S	2000	$37.5	Disposed	610	Direct
2004-03-04	Alico, Inc. Common Stock, Par Value $1.00	S	205	$37.66	Disposed	405	Direct
2004-03-04	Alico, Inc. Common Stock, Par Value $1.00	S	100	$37.55	Disposed	305	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2004-03-03	Option for Common Stock	$15.68	M	4700	Acquired	2013-09-09	Common Stock (4700)	Direct
2004-03-03	Option for Common Stock	$15.68	S	4700	Disposed	2013-09-09	Common Stock (4700)	Direct
2004-03-04	Option for Common Stock	$15.68	M	300	Acquired	2013-09-09	Common Stock (300)	Direct
2004-03-04	Option for Common Stock	$21.17	M	2305	Acquired	2014-02-03	Common Stock (2305)	Direct
2004-03-04	Option for Common Stock	$21.17	S	2305	Disposed	2014-02-03	Common Stock (2305)	Direct