LGL GROUP INC — Director's Dealing 2004

Oct 19, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LYNCH CORP (LGL)
CIK: 0000061004
Period of Report: 2004-10-15

Reporting Person: GABELLI MARC (10% Owner, Chairman)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-10-15	Common Stock	P	136643	$13.173	Acquired	336884	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1000	Direct

Footnotes

F1: These shares are owned by Venator Merchant Fund, L.P. Venator Global, LLC is the general partner of this partnership. Marc Gabelli may be deemed to control Venator Global, LLC. Marc Gabelli hereby disclaims beneficial ownership of the shares owned by the partnership except to the extent of his interest therein.