MANNATECH INC — Director's Dealing 2004

Oct 20, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MANNATECH INC (MTEX)
CIK: 0001056358
Period of Report: 2004-10-20

Reporting Person: PERSINGER TERRY L (Pres./COO/Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2004-10-20	Exercised stock options	$2.63	X	18000	Acquired	2010-08-22	Common stock, $0.0001 par value (18000)	Direct

Footnotes

F1: The stock acquired through the exercising of these options were sold on 10/18/2004 and reported on a seperate Form 4 filed on 10/19/2004.