INGLES MARKETS INC — Director's Dealing 2007

Dec 28, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: INGLES MARKETS INC (IMKTA)
CIK: 0000050493
Period of Report: 2007-12-26

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
2007-12-26	Class A Common Stock	J	1500	$26.1347	Disposed	1110500	Indirect
2007-12-26	Class A Common Stock	J	949	$26.1116	Disposed	1109551	Indirect
2007-12-26	Class A Common Stock	J	1000	$26.10	Disposed	1108551	Indirect
2007-12-26	Class A Common Stock	J	1000	$26.0877	Disposed	1107551	Indirect
2007-12-26	Class A Common Stock	J	1500	$26.0756	Disposed	1106051	Indirect
2007-12-26	Class A Common Stock	J	500	$26.07	Disposed	1105551	Indirect
2007-12-26	Class A Common Stock	J	51	$26.06	Disposed	1105500	Indirect
2007-12-26	Class A Common Stock	J	1500	$26.06	Disposed	1104000	Indirect
2007-12-26	Class A Common Stock	J	1500	$26.0387	Disposed	1102500	Indirect
2007-12-26	Class A Common Stock	J	1000	$26.031	Disposed	1101500	Indirect
2007-12-26	Class A Common Stock	J	1500	$26.02	Disposed	1100000	Indirect

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") for making distributions to Plan participants. 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.

F2: Mr. Freeman directly held 2,044 shares of Class A Common Stock on December 26, 2007.