ESPEY MFG & ELECTRONICS CORP — Director's Dealing 2004

Mar 4, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ESPEY MFG & ELECTRONICS CORP (ESP)
CIK: 0000033533
Period of Report: 2004-03-03

Reporting Person: POLIDORE TIMOTHY (Asst. Treasurer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-03-03	Common Stock - $.33 1/3 par value	S	200	$24.80	Disposed	0	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock - $.33 1/3 par value	834	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option	$0.00	2011-03-01	Common Stock (0)	0	Direct
Stock Option	$0.00	2012-03-01	Common Stock (200)	0	Direct
Stock Option	$0.00	2013-03-04	Common Stock (200)	400	Direct