ESPEY MFG & ELECTRONICS CORP — Director's Dealing 2008

Oct 1, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ESPEY MFG & ELECTRONICS CORP (ESP)
CIK: 0000033533
Period of Report: 2008-10-01

Reporting Person: WOOL MICHAEL W (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2008-09-29	Common Stock - $.33 1/3 par value	P	500	$18.50	Acquired	1500	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock - $.33 1/3 par value	7900	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option	$18.29	2017-02-21	Common Stock (1600)	0	Direct
Stock Option	$21.54	2018-05-23	Common Stock (1600)	3200	Direct

Footnotes

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