INGLES MARKETS INC — Director's Dealing 2004

Apr 6, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: INGLES MARKETS INC (IMKTA)
CIK: 0000050493
Period of Report: 2004-04-05

Reporting Person: TUDOR BRENDA S (Director, VP Finance, Treasurer, CFO, Trustee, Profit Sharing Plan)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-04-05	Class A Common Stock	C	150	—	Acquired	4650	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2004-04-05	Class B Common Stock	$0	C	150	Disposed		Class A Common Stock (150)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Class B Common Stock	$0		Class A Common Stock ()	1700000	Indirect

Footnotes

F1: Class B Common Stock may be converted to Class A Common Stock at the option of the holder on a 1-for-1 basis with no additional consideration being paid or received

F2: Immediately

F3: Class B Common Stock does not have an expiration date

F4: Shares reported are owned by the Ingles Markets, Incorporated Investment/Profit Sharing Plan (the "Plan"). The number of shares reported as beneficially owned reflect the total number of shares owned by the Plan for the benefit of all Plan participants. The reporting person is a trustee of the Plan. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his or her pecuniary interest therein, if any, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose except to the extent of his or her pecuniary interest therein.