AVALON HOLDINGS CORP — Director's Dealing 2005

Jul 28, 2005

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AVALON HOLDINGS CORP (AWX)
CIK: 0001061069
Period of Report: 2005-07-25

Reporting Person: Advisory Research Microcap Value Fund, L.P. (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2005-07-25	Avalon Holdings Corp.	P	5500	$4.2167	Acquired	467300	Direct
2005-07-27	Avalon Holdings Corp.	P	800	$4.16	Acquired	468100	Direct