IMMUCELL CORP /DE/ — Director's Dealing 2004

Feb 6, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: IMMUCELL CORP /DE/ (ICCC)
CIK: 0000811641
Period of Report: 2004-02-04

Reporting Person: ROTHSCHILD JONATHAN E (Director, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-02-04	Common Stock, par value $0.10 per share	P	500	$3.95	Acquired	351160	Direct
2004-02-04	Common Stock, par value $0.10 per share	P	300	$3.96	Acquired	351460	Direct
2004-02-04	Common Stock, par value $0.10 per share	P	300	$3.96	Acquired	351760	Direct
2004-02-04	Common Stock, par value $0.10 per share	P	700	$3.95	Acquired	352460	Direct
2004-02-05	Common Stock, par value $0.10 per share	P	500	$3.95	Acquired	352960	Direct
2004-02-05	Common Stock, par value $0.10 per share	P	400	$3.94	Acquired	353360	Direct
2004-02-06	Common Stock, par value $0.10 per share	P	900	$3.96	Acquired	354260	Direct
2004-02-06	Common Stock, par value $0.10 per share	P	500	$4.01	Acquired	354760	Direct
2004-02-06	Common Stock, par value $0.10 per share	P	500	$4.01	Acquired	355260	Direct

Footnotes

F1: These shares were acquired by Arterio, Inc., a company solely owned by Mr. Rothschild.