INGLES MARKETS INC — Director's Dealing 2003

Dec 16, 2003

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: INGLES MARKETS INC (IMKTA)
CIK: 0000050493
Period of Report: 2003-12-12

Reporting Person: TUDOR BRENDA S (Director, VP Finance, Treasurer, CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2003-12-12	Class A Common Stock	M	1986	$9.5625	Acquired	1986	Direct
2003-12-12	Class A Common Stock	S	486	$10.06	Disposed	1500	Direct
2003-12-12	Class A Common Stock	S	1400	$10.00	Disposed	100	Direct
2003-12-12	Class A Common Stock	S	100	$10.02	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2003-12-12	Employee Stock Option (Right to Buy)	$9.5625	M	1986	Disposed	2004-05-19	Class A Common Stock (1986)	Direct