INGLES MARKETS INC — Director's Dealing 2003

Dec 11, 2003

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: INGLES MARKETS INC (IMKTA)
CIK: 0000050493
Period of Report: 2003-12-10

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2003-12-10	Class A Common Stock	M	5000	$9.5625	Acquired	5000	Direct
2003-12-10	Class A Common Stock	S	3500	$10.00	Disposed	1500	Direct
2003-12-10	Class A Common Stock	S	1500	$10.07	Acquired	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2003-12-10	Employee Stock Option (Right to Buy)	$9.5625	M	5000	Disposed	2004-05-19	Class A Common Stock (5000)	Direct