ASCENT INDUSTRIES CO. — Director's Dealing 2004

May 26, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SYNALLOY CORP (synl)
CIK: 0000095953
Period of Report: 2004-05-17

Reporting Person: BRAAM RONALD H (President of subsidiary)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-05-17	Common Stock	M	4800	$4.65	Acquired	10774	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2004-05-17	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	6688	Indirect

Footnotes

F1: Options vest in equal installments of 20% beginning one year from date of grant.