INGLES MARKETS INC — Director's Dealing 2007

Dec 14, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

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

Reporting Person: LANNING JAMES W (Director, President, Profit Sharing Plan Trustee)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-12-12	Class A Common Stock	P	983	$24.7581	Acquired	8233	Direct
2007-12-12	Class A Common Stock	P	17	$24.77	Acquired	8250	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Class B Common Stock	$0		Class A Common Stock ()	1134500	Indirect

Footnotes

F1: Class B Common Stock may be converted to Class A Common Stock on a 1-for-1 basis without additional consideration.

F2: Exercisable immediately.

F3: None.

F4: The reporting person is a trustee of the Ingles Markets 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 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 pecuniary interest therein.