MIND TECHNOLOGY, INC — Director's Dealing 2004

Dec 10, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MITCHAM INDUSTRIES INC (MIND)
CIK: 0000926423
Period of Report: 2004-12-08

Reporting Person: PUGH MICHAEL A (Executive VP-Finance & CFO)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2004-12-08	Stock Option (right to buy)	$5.75	A	20000	Acquired	2014-12-08	Common Stock (20000)	Direct

Footnotes

F1: The option vests completely on December 8, 2005.