INGLES MARKETS INC — Director's Dealing 2007

Apr 10, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: INGLES MARKETS INC (IMKTA)
CIK: 0000050493
Period of Report: 2007-03-29

Reporting Person: INGLE ROBERT P (Director, Chairman and CEO, Profit Sharing Plan Trustee)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-03-29	Class A Common Stock	J	125000	—	Acquired	125000	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-03-29	Class B Common Stock	$0	C	125000	Disposed		Class A Common Stock (125000)	Indirect
2007-03-29	Class B Common Stock	$0	J	0	Disposed		Class A Common Stock ()	Indirect

Footnotes

F1: Conversion of Class B Common Stock, which may be converted to Class A Common Stock at any time on a 1-for-1 basis without
additional consideration.

F2: The reported transaction constitutes a sale of Class B Common Stock by 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. Mr. Ingle
directly held 10,303,000 shares of Class B Common Stock on March 29, 2007.

F3: The reporting person disclaims beneficial ownership of these shares.