INGLES MARKETS INC — Director's Dealing 2003

Dec 15, 2003

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: INGLES MARKETS INC (IMKTA)
CIK: 0000050493
Period of Report: 2003-12-11

Reporting Person: FEDERICO ANTHONY S (Vice President -- Non Foods)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2003-12-11	Class A Common Stock	S	11000	$9.98	Disposed	74017	Direct
2003-12-11	Class A Common Stock	S	1000	$9.99	Disposed	73017	Direct
2003-12-11	Class A Common Stock	S	7994	$10.00	Disposed	65023	Direct
2003-12-11	Class A Common Stock	S	10262	$10.01	Disposed	54761	Direct
2003-12-11	Class A Common Stock	S	300	$10.02	Disposed	54461	Direct
2003-12-11	Class A Common Stock	S	100	$10.03	Disposed	54361	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	7647	Indirect

Footnotes

F1: Mr. Federico has not reported this indirect ownership in previous filings. Shares were acquired by his spouse in 1996 and 1997 and subsequently through a dividend reinvestment plan. His spouse has not sold any Ingles stock.