INGLES MARKETS INC — Director's Dealing 2004

Sep 3, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: INGLES MARKETS INC (IMKTA)
CIK: 0000050493
Period of Report: 2004-09-01

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-09-01	Class A Common Stock	M	8700	$10.50	Acquired	13200	Direct
2004-09-01	Class A Common Stock	S	2500	$11.52	Disposed	10700	Direct
2004-09-01	Class A Common Stock	S	400	$11.53	Disposed	10300	Direct
2004-09-01	Class A Common Stock	S	1500	$11.59	Disposed	8800	Direct
2004-09-01	Class A Common Stock	S	2900	$11.60	Disposed	5900	Direct
2004-09-01	Class A Common Stock	S	500	$11.75	Disposed	5400	Direct
2004-09-01	Class A Common Stock	S	900	$11.84	Disposed	4500	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2004-09-01	Employee Stock Option (Right to Buy)	$10.50	M	8700	Disposed	2004-10-12	Class A Common Stock (8700)	Direct