MIND TECHNOLOGY, INC — Director's Dealing 2007

Oct 19, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MITCHAM INDUSTRIES INC (MIND)
CIK: 0000926423
Period of Report: 2007-10-17

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-10-17	MII Common Stock	S	5016	$20.00	Disposed	203514	Direct
2007-10-17	MII Common Stock	S	400	$20.02	Disposed	203114	Direct
2007-10-17	MII Common Stock	S	100	$20.03	Disposed	203014	Direct
2007-10-17	MII Common Stock	S	100	$20.04	Disposed	202914	Direct
2007-10-17	MII Common Stock	S	4900	$20.05	Disposed	198014	Direct
2007-10-17	MII Common Stock	S	500	$20.07	Disposed	197514	Direct
2007-10-17	MII Common Stock	S	300	$20.08	Disposed	197214	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
MII Common Stock	3100	Indirect

Footnotes

F1: The shares are owned by Mr. Mitcham's spouse.