EDUCATIONAL DEVELOPMENT CORP — Director's Dealing 2004

Feb 17, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: EDUCATIONAL DEVELOPMENT CORP (EDUC)
CIK: 0000031667
Period of Report: 2004-02-13

Reporting Person: SLEMP KATHY (Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-02-13	Common Stock	X	20000	$3.125	Acquired	31693	Direct
2004-02-13	Common Stock	S	20000	$10.55	Disposed	11693	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2004-02-13	Incentive Stock Option	$3.125	C	20000	Disposed	2004-07-27	Common Stock (20000)	Direct