ALICO, INC. — Director's Dealing 2004

Feb 26, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ALICO INC (alco)
CIK: 0000003545
Period of Report: 2004-02-24

Reporting Person: CAMPBELL MONTEREY (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-02-24	Alico, Inc. Common Stock, Par Value $1.00	M	1465	$15.68	Acquired	3680	Direct
2004-02-24	Alico, Inc. Common Stock, Par Value $1.00	S	1465	$37.52	Disposed	2215	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2004-02-24	Option for Common Stock	$15.68	M	1465	Acquired	2012-09-10	Common Stock (1465)	Direct
2004-02-24	Option for Common Stock	$15.68	S	1465	Disposed	2012-09-10	Common Stock (1465)	Direct