MANNATECH INC — Director's Dealing 2004

Jan 20, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MANNATECH INC (MTEX)
CIK: 0001056358
Period of Report: 2004-01-20

Reporting Person: MCANALLEY BILL H (Chief Science Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-01-16	Common Stock, par value $0.0001 per share	G	10500	$12.96	Disposed	228582	Direct

Footnotes

F1: Dr. McAnalley is gifting 1,500 shares of Mannatech stock to each of his 6 children and to his sister for a total of 10,500 shares gifted at a FMV price of $12.96 per share.