AMERICAN SHARED HOSPITAL SERVICES — Director's Dealing 2003

Dec 18, 2003

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AMERICAN SHARED HOSPITAL SERVICES (AMS)
CIK: 0000744825
Period of Report: 2003-12-18

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
2003-12-18	COMMON SHARE	S	2000	$5.9	Disposed	562310	Direct
2003-12-18	COMMON SHARE	S	5000	$5.91	Disposed	557310	Direct
2003-12-18	COMMON SHARE	S	1000	$5.92	Disposed	556310	Direct
2003-12-18	COMMON SHARE	S	1000	$5.95	Disposed	555310	Direct
2003-12-18	COMMON SHARE	S	2500	$6	Disposed	552810	Direct