CECO ENVIRONMENTAL CORP — Director's Dealing 2004

Feb 13, 2004

SEC Form 5 — Annual Statement of Changes in Beneficial Ownership

Issuer: CECO ENVIRONMENTAL CORP (CECE)
CIK: 0000003197
Period of Report: 2003-12-31

Reporting Person: BLUM DAVID (Senior Vice President--Sales)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2003-05-26	Common Stock	J	1011	$1.56	Acquired	18910	Direct
2003-11-15	Common Stock	J	1109	$1.52	Acquired	20019	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
warrant	$2.9375	2009-12-06	Common Stock (335000)	335000	Direct

Footnotes

F1: Acquisition under a Stock Purchase Plan exempt under Rule 13b-3(c)

F2: Acquisition under a Stock Purchase Plan exempt under Rule 13b-3(c)

F3: 83750 vested 12/7/2000;83750 vested 12/7/2001;83750 vested 12/7/2002 and 83750 vested 12/7/2003