INGLES MARKETS INC — Director's Dealing 2004

Aug 26, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: INGLES MARKETS INC (IMKTA)
CIK: 0000050493
Period of Report: 2004-08-24

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-08-24	Class A Common Stock	M	1399	$10.50	Acquired	5899	Direct
2004-08-24	Class A Common Stock	S	300	$11.49	Disposed	5599	Direct
2004-08-24	Class A Common Stock	S	100	$11.48	Disposed	5499	Direct
2004-08-24	Class A Common Stock	S	116	$11.46	Disposed	5383	Direct
2004-08-24	Class A Common Stock	S	883	$11.45	Disposed	4500	Direct
2004-08-25	Class A Common Stock	M	2030	$10.50	Acquired	6530	Direct
2004-08-25	Class A Common Stock	S	300	$11.47	Disposed	6230	Direct
2004-08-25	Class A Common Stock	S	1730	$11.45	Disposed	4500	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2004-08-24	Employee Stock Option (Right to Buy)	$10.50	M	1399	Disposed	2004-10-12	Class A Common Stock (1399)	Direct
2004-08-25	Employee Stock Option (Right to Buy)	$10.50	M	2030	Disposed	2004-10-12	Class A Common Stock (2030)	Direct