ALT5 Sigma Corp — Director's Dealing 2005

May 19, 2005

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: APPLIANCE RECYCLING CENTERS OF AMERICA INC /MN (ARCI)
CIK: 0000862861
Period of Report: 2005-05-05

Reporting Person: KOENIG LINDA (Chief Financial Officer)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2005-05-05	Stock Option, Right to Buy	$2.80	A	2000	Acquired	2012-05-05	Common Stock w/o par value (2000)	Direct

Footnotes

F1: Up to 50% of the Option Shares may be purchased at any time after one year from the date thereof which is 5/5/06 and prior to termination of this option. Up to 100% of the Option Shares (less any shares previously purchased pursuant to this option ) may be purchased at any time after two years from the date hereof which is 5/5/07 and prior to termination of this option.