INGLES MARKETS INC — Director's Dealing 2004

Sep 9, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: INGLES MARKETS INC (IMKTA)
CIK: 0000050493
Period of Report: 2004-09-07

Reporting Person: MYERS GORDON S (VP - Real Estate)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-09-07	Class A Common Stock	M	6000	$10.50	Acquired	10500	Direct
2004-09-07	Class A Common Stock	S	2900	$11.50	Disposed	7600	Direct
2004-09-07	Class A Common Stock	S	900	$11.51	Disposed	6700	Direct
2004-09-07	Class A Common Stock	S	100	$11.52	Disposed	6600	Direct
2004-09-07	Class A Common Stock	S	400	$11.54	Disposed	6200	Direct
2004-09-07	Class A Common Stock	S	800	$11.55	Disposed	5400	Direct
2004-09-07	Class A Common Stock	S	200	$11.56	Disposed	5200	Direct
2004-09-07	Class A Common Stock	S	200	$11.57	Disposed	5000	Direct
2004-09-07	Class A Common Stock	S	100	$11.58	Disposed	4900	Direct
2004-09-07	Class A Common Stock	S	200	$11.64	Disposed	4700	Direct
2004-09-07	Class A Common Stock	S	200	$11.73	Disposed	4500	Direct
2004-09-08	Class A Common Stock	M	7101	$10.50	Acquired	11601	Direct
2004-09-08	Class A Common Stock	S	2771	$11.50	Disposed	8830	Direct
2004-09-08	Class A Common Stock	S	1622	$11.51	Disposed	7208	Direct
2004-09-08	Class A Common Stock	S	1708	$11.55	Disposed	5500	Direct
2004-09-08	Class A Common Stock	S	1000	$11.56	Disposed	4500	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2004-09-07	Employee Stock Option (Right to Buy)	$10.50	M	6000	Disposed	2004-10-12	Class A Common Stock (6000)	Direct
2004-09-08	Employee Stock Option (Right to Buy)	$10.50	M	7101	Disposed	2004-10-12	Class A Common Stock (7101)	Direct