ENNIS, INC. — Director's Dealing 2006

Jul 6, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ENNIS, INC. (EBF)
CIK: 0000033002
Period of Report: 2006-07-05

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-07-05	Common Stock	M	56637	$7.0625	Acquired	98207	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2000-04-20	Stock Option (Right-to-Buy)	$7.0625	M	56637	Disposed	2010-04-20	Common Stock (56637)	Direct

Footnotes

F1: Exercise of stock option.

F2: Includes 9,920 Restricted Shares granted 2/27/06, vesting in annual increments of 1/3 per year.

F3: 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.