ESPEY MFG & ELECTRONICS CORP — Director's Dealing 2004

Jul 1, 2004

SEC Form 5 — Annual Statement of Changes in Beneficial Ownership

Issuer: ESPEY MFG & ELECTRONICS CORP (ESP)
CIK: 0000033533
Period of Report: 2004-06-30

Reporting Person: HELMETAG CARL (Director)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock $.33 1/3 par value	3000	Direct
Common Stock $.33 1/3 par value	500	Indirect
Common Stock $.33 1/3 par value	800	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option	$19.85	2012-03-01	Common Stock (400)	0	Direct
Stock Option	$18.50	2013-03-04	Common Stock (400)	800	Direct