ENNIS, INC. — Director's Dealing 2004

Apr 27, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ENNIS BUSINESS FORMS INC (EBF)
CIK: 0000033002
Period of Report: 2004-04-26

Reporting Person: WALTERS KEITH S (Director, Chairman, President & CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-04-26	Common Stock	M	5000	$11.34	Acquired	12650	Direct
2004-04-26	Common Stock	M	19000	$10.0625	Acquired	31650	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
1998-09-10	SO Granted	$11.34	D	5000	Disposed	2008-09-10	Common Stock (5000)	Direct
1998-10-07	SO Granted	$10.0625	D	19000	Disposed	2008-10-07	Common Stock (19000)	Direct

Footnotes

F1: Exercise of stock option.

F2: Each stock option contract expires ten years from date of grant, and provides that shares will become exercisable as follows: 25% after two years; 50% after three years; 75% after four years and 100% after five years; all from date of grant; all option contracts are granted at market price on the date of grant.