FRIEDMAN INDUSTRIES INC — Director's Dealing 2008

Apr 16, 2008

SEC Form 5 — Annual Statement of Changes in Beneficial Ownership

Issuer: FRIEDMAN INDUSTRIES INC (FRD)
CIK: 0000039092
Period of Report: 2008-03-31

Reporting Person: FRIEDMAN JACK (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-11-28	Common Stock	G	121093	—	Disposed	241927	Direct
2007-11-28	Common Stock	G	121093	—	Acquired	121093	Indirect

Footnotes

F1: Under the terms of the Jack Friedman Management Trust, Merrill Lynch Trust Company, as trustee of such Trust, has sole power
to vote these shares, but Mr. Friedman retains the power to distribute all or part of the shares held by the Trust.
Mr. Friedman retains beneficial ownership of these shares.