BADGER METER INC — Director's Dealing 2003

Aug 29, 2003

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BADGER METER INC (BMI)
CIK: 0000009092
Period of Report: 2003-08-28

Reporting Person: FORBES JAMES L (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2003-08-28	Common Stock	S	400	$33.1	Disposed	84622	Direct

Footnotes

F1: Shares sold pursuant to a 10b-5 Plan. Under the Plan, Mr. Forbes has agreed to sell 1,250 shares per month over a two-year period.