ESPEY MFG & ELECTRONICS CORP — Director's Dealing 2005

Jul 12, 2005

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ESPEY MFG & ELECTRONICS CORP (ESP)
CIK: 0000033533
Period of Report: 2005-07-11

Reporting Person: HELMETAG CARL (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2003-12-02	Common Stock - $.33 1/3 par value	S	500	$24.74	Disposed	2500	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
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

Footnotes

F1: Mr. Helmetag disclaims beneficial ownership of shares held by his spouse.