INGLES MARKETS INC — Director's Dealing 2004

Mar 8, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: INGLES MARKETS INC (IMKTA)
CIK: 0000050493
Period of Report: 2004-03-04

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-03-04	Class A Common Stock	M	8801	$9.5625	Acquired	8801	Direct
2004-03-04	Class A Common Stock	S	1575	$11.11	Disposed	7226	Direct
2004-03-04	Class A Common Stock	S	2700	$11.06	Disposed	4526	Direct
2004-03-04	Class A Common Stock	S	400	$11.10	Disposed	4126	Direct
2004-03-04	Class A Common Stock	S	300	$11.09	Disposed	3826	Direct
2004-03-04	Class A Common Stock	S	1200	$11.08	Disposed	2626	Direct
2004-03-04	Class A Common Stock	S	626	$11.01	Disposed	2000	Direct
2004-03-04	Class A Common Stock	S	100	$11.001	Disposed	1900	Direct
2004-03-04	Class A Common Stock	S	1900	$11.00	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2004-03-04	Employee Stock Option (Right to Buy)	$9.5625	M	8801	Disposed	2004-05-19	Class A Common Stock (8801)	Direct