AMERICAN SHARED HOSPITAL SERVICES — Director's Dealing 2003

Dec 24, 2003

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AMERICAN SHARED HOSPITAL SERVICES (AMS)
CIK: 0000744825
Period of Report: 2003-12-22

Reporting Person: AMERICAN SHARED HOSPITAL SERVICES (Director, CHAIRMAN AND CEO, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2003-12-22	COMMON SHARE	S	5000	$6	Disposed	547810	Direct
2003-12-22	COMMON SHARES	S	1200	$6.05	Disposed	546610	Direct
2003-12-23	COMMON SHARE	S	200	$6.05	Disposed	546410	Direct