AVALON HOLDINGS CORP — Director's Dealing 2007

Jun 29, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AVALON HOLDINGS CORP (AWX)
CIK: 0001061069
Period of Report: 2007-06-27

Reporting Person: ADVISORY RESEARCH INC (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-06-27	Avalon Holdings Corp	S	2300	$9.8517	Disposed	396100	Indirect

Footnotes

F1: Advisory Research, Inc. disclaims beneficial ownership and any pecuniary interest as defined in Rule 16a-1(a)(2), for all of these shares and this report shall not be deemed an admission that Advisory Research, Inc. is the beneficial owner of such securities or holds a pecuniary interest in such securities for the purpose of Section 16 or for any other purpose.