INGLES MARKETS INC — Director's Dealing 2006

Sep 29, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: INGLES MARKETS INC (IMKTA)
CIK: 0000050493
Period of Report: 2006-09-27

Reporting Person: Freeman Ronald B (Director, Chief Financial Officer, Profit Sharing Plan Trustee)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-09-27	Class A Common Stock	J	600	$26.6404	Disposed	33093	Indirect
2006-09-27	Class A Common Stock	J	400	$26.70	Disposed	32693	Indirect
2006-09-27	Class A Common Stock	J	800	$26.7325	Disposed	31893	Indirect
2006-09-27	Class A Common Stock	J	500	$26.784	Disposed	31393	Indirect
2006-09-27	Class A Common Stock	J	200	$26.67	Disposed	31193	Indirect
2006-09-27	Class A Common Stock	J	1000	$26.5208	Disposed	30193	Indirect
2006-09-27	Class A Common Stock	J	800	$26.4012	Disposed	29393	Indirect
2006-09-27	Class A Common Stock	J	400	$26.3225	Disposed	28993	Indirect
2006-09-27	Class A Common Stock	J	100	$26.34	Disposed	28893	Indirect
2006-09-27	Class A Common Stock	J	200	$26.025	Disposed	28693	Indirect
2006-09-27	Class A Common Stock	J	360	$26.0339	Disposed	28333	Indirect
2006-09-27	Class A Common Stock	J	140	$26.0885	Disposed	28193	Indirect
2006-09-27	Class A Common Stock	J	303	$26.0266	Disposed	27890	Indirect
2006-09-27	Class A Common Stock	J	800	$26.04	Disposed	27090	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	1532	Direct

Footnotes

F1: The reported transactions constitute sales of Class A Common Stock to meet the liquidity needs of the Ingles Markets Investment/Profit Sharing Plan (the "Plan"). The number of shares reported as sold and as beneficially owned reflect the total number of shares sold or 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.