LGL GROUP INC — Director's Dealing 2008

Feb 6, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LGL GROUP INC (LGL)
CIK: 0000061004
Period of Report: 2008-01-24

Reporting Person: GABELLI MARC (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2008-01-24	Common Stock	P	1500	$7.66	Acquired	12475	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	506879	Indirect

Footnotes

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