ASCENT INDUSTRIES CO. — Director's Dealing 2004

May 4, 2004

SEC Form 4/A — Form 4/A

Issuer: SYNALLOY CORP (SYNL)
CIK: 0000095953
Period of Report: 2004-04-29

Reporting Person: LANE JAMES G JR (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-04-29	Common Stock	A	2852	$8.765	Acquired	168426	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	26984	Indirect
Common Stock	173750	Indirect
Common Stock	121	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Option (right to buy) 1994 Stock Option Plan	$		Common Stock ()	1500	Direct
Option (right to buy)	$		Common Stock ()	29250	Direct

Footnotes

F1: I expressly disclaim beneficial ownershipof these securities and filing this report shall not be construed as an admission of my beneficial ownership thereof for purposes of Section 16 of the Securities Act, or otherwise.

F2: Exercise price at grant date was $4.65.

F3: Options are 100% exercisable upon grant on 4/25/02.

F4: Optons expire 10 years from date of grant (4/25/12).

F5: Under this plan, Mr. Lane was a total of 1,500 options.

F6: Exercise price ranges from 4.65 to 15.125 per share.

F7: Options vest in equal installments of 20% beginning one year from date of grant.

F8: Options expire 10 years from date of grant.

F9: Mr. Lane has 27750 options under this plan