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MIND TECHNOLOGY, INC Director's Dealing 2007

Oct 10, 2007

34449_dirs_2007-10-09_00f25d03-7161-4002-a090-daf508ff029b.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MITCHAM INDUSTRIES INC (MIND)
CIK: 0000926423
Period of Report: 2007-10-05

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-10-05	MII Common Stock	S	36250	$20.00	Disposed	360728	Direct
2007-10-05	MII Common Stock	S	3100	$20.01	Disposed	357628	Direct
2007-10-05	MII Common Stock	S	3980	$20.02	Disposed	353648	Direct
2007-10-05	MII Common Stock	S	1400	$20.03	Disposed	352248	Direct
2007-10-05	MII Common Stock	S	100	$20.035	Disposed	352148	Direct
2007-10-05	MII Common Stock	S	1700	$20.04	Disposed	350448	Direct
2007-10-05	MII Common Stock	S	1800	$20.05	Disposed	348648	Direct
2007-10-05	MII Common Stock	S	800	$20.06	Disposed	347848	Direct
2007-10-05	MII Common Stock	S	120	$20.09	Disposed	347728	Direct
2007-10-05	MII Common Stock	S	750	$20.10	Disposed	346978	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
MII Common Stock	3100	Indirect

Footnotes

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