ARK RESTAURANTS CORP — Director's Dealing 2005

Jan 13, 2005

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ARK RESTAURANTS CORP (ARKR)
CIK: 0000779544
Period of Report: 2005-01-11

Reporting Person: TOWERS ROBERT (Director, Executive Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2005-01-11	Common Stock	M	9900	$6.3	Acquired	42300	Direct
2005-01-11	Common Stock	S	1800	$38.92	Disposed	40500	Direct
2005-01-11	Common Stock	S	8100	$38	Disposed	32400	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2005-01-11	Stock Options	$6.3	M	9900	Disposed	2006-12-17	Common Stock (12000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	900	Indirect

Footnotes

F1: Shares are held by Mr. Towers' wife in her IRA account. Mr. Towers disclaims beneficial ownership of these shares.