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FRIEDMAN INDUSTRIES INC Director's Dealing 2005

Jan 14, 2005

33871_dirs_2005-01-14_4e9ccc4b-76d3-4923-8bb1-3cd1c231e479.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FRIEDMAN INDUSTRIES INC (FRD)
CIK: 0000039092
Period of Report: 2004-12-29

Reporting Person: RICH HERSHEL M (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-12-29	Common Stock	G	1000	$11.40	Disposed	58357	Direct
2004-12-31	Common Stock	G	2000	$10.79	Disposed	56357	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	14796	Indirect

Footnotes

F1: The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission
that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.