MIND TECHNOLOGY, INC — Director's Dealing 2005

May 10, 2005

SEC Form 4/A — Form 4/A

Issuer: MITCHAM INDUSTRIES INC (MIND)
CIK: 0000926423
Period of Report: 2005-01-31

Reporting Person: MITCHAM BILLY F JR (Director, CEO & President)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2005-01-31	Stock Options (right to buy)	$6.18	A	50000	Acquired	2016-01-31	Common Stock (50000)	Direct

Footnotes

F1: The option vests in three equal annual installments beginning January 31, 2006.