ESPEY MFG & ELECTRONICS CORP — Director's Dealing 2004

Feb 18, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ESPEY MFG & ELECTRONICS CORP (ESP)
CIK: 0000033533
Period of Report: 2004-02-13

Reporting Person: POMPAY JOHN J (VP Sales & Marketing)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-02-13	Common Stock - $.33 1/3 par value	M	800	$17.95	Acquired	0	Direct
2004-02-12	Common Stock - $.33 1/3 par value	S	200	$25.00	Disposed	0	Direct
2004-02-17	Common Stock - $.33 1/3 par value	S	400	$25.00	Disposed	800	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2001-03-01	Stock Option	$17.95	M	800	Disposed	2011-03-01	Common Stock (0)	Direct
2002-03-01	Stock Option	$19.85	A	0	Acquired	2012-03-01	Common Stock (800)	Direct
2003-03-04	Stock Option	$18.50	A	0	Acquired	2013-03-04	Common Stock (800)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock - $.33 1/3 par value	9984	Indirect