COMTECH TELECOMMUNICATIONS CORP /DE/ — Director's Dealing 2004

Dec 29, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COMTECH TELECOMMUNICATIONS CORP /DE/ (CMTL)
CIK: 0000023197
Period of Report: 2004-12-28

Reporting Person: WINDUS J PRESTON JR (Sr. Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-12-28	Common Stock par value $.10 per share	M	4500	$5.00	Acquired	78250	Direct
2004-12-28	Common Stock par value $.10 per share	M	12000	$10.00	Acquired	90250	Direct
2004-12-28	Common Stock par value $.10 per share	M	10545	$7.59	Acquired	100795	Direct
2004-12-28	Common Stock par value $.10 per share	M	206	$9.50	Acquired	101001	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2004-12-28	Stock Option Right to Buy	$5.00	M	4500	Disposed	2009-06-29	Common Stock par value $.10 per share (4500)	Direct
2004-12-28	Stock Option Right to Buy	$10.00	M	12000	Disposed	2010-10-19	Common Stock par value $.10 per share (12000)	Direct
2004-12-28	Stock Option Right to Buy	$7.59	M	10545	Disposed	2010-12-12	Common Stock par value $.10 (10545)	Direct
2004-12-28	Stock Option Right to Buy	$9.50	M	206	Disposed	2011-08-07	Common Stock par value $.10 per share (206)	Direct

Footnotes

F1: Exercise of previously granted stock option