LGL GROUP INC — Director's Dealing 2006

Jan 25, 2006

SEC Form 4/A — Form 4/A

Issuer: LYNCH CORP (LGL)
CIK: 0000061004
Period of Report: 2005-12-19

Reporting Person: CERUTTI E VAL (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2005-12-19	Common Stock	X	334	$7.2500	Acquired	1334	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2005-12-19	Subscription Rights (right to buy)	$7.2500	X	1000	Disposed	2005-12-16	Common Stock (334)	Direct

Footnotes

F1: A portion of these shares were ommitted from the reporting person's Form 4 filed on December 21, 2005.

F2: These shares are jointly owned with his wife, with whom he shares voting and investment power.