ASCENT INDUSTRIES CO. — Director's Dealing 2004

Sep 1, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SYNALLOY CORP (synl)
CIK: 0000095953
Period of Report: 2004-09-01

Reporting Person: BOWIE GREGORY M (Vice President, Finance)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-09-01	Common Stock	M	4800	$4.65	Acquired	7850	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2004-09-01	Employee Stock Option (right to buy)	$4.65	M	4800	Disposed	2012-04-25	Common Stock (4800)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	9100	Indirect
Common Stock	7328	Indirect

Footnotes

F1: The options vest in five equal installments of 20% beginning one year from date of grant; 4,800 options vested on April 25, 2004.