MEXCO ENERGY CORP — Director's Dealing 2008

Jul 1, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MEXCO ENERGY CORP (MXC)
CIK: 0000066418
Period of Report: 2008-06-30

Reporting Person: LADD JACK D (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2008-06-30	Mexco Energy Common Stock	M	10000	$5.25	Acquired	30440	Direct
2008-06-30	Mexco Energy Common Stock	S	10000	$39.373	Disposed	20440	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2008-06-30	Mexco Energy Common Stock	$5.25	M	10000	Disposed	2010-03-21	Mexco Energy Common Stock (10000)	Direct

Footnotes

F1: Direct beneficial holdings after the sale total 20,440 shares which include vested options to acquire 20,000 shares of the Registrant's Common Stock ($0.50 par value) at the following prices: 10,000 shares @ $4.00 per share and 10,000 shares @ $6.00 per share.

F2: The shares vest 1/4 each year from grant date for four consecutive years as follows: 10,000 options @ $4.00 per share were granted on 5/28/2002 and expire on 5/28/2012; 10,000 options @ $6.00 per share were granted on 7/10/2003 and expire on 7/10/2013. All of these 20,000 shares are vested.