MIND TECHNOLOGY, INC — Director's Dealing 2007

Jul 13, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MITCHAM INDUSTRIES INC (MIND)
CIK: 0000926423
Period of Report: 2007-07-11

Reporting Person: BLUM PETER H (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-07-11	MII Common Stock	P	22624	$4.42	Acquired	325526	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-07-11	MII Common Stock Warrants	$4.42	M	22624	Disposed	2007-07-18	MII Common Stock (22624)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
MII Common Stock	12500	Indirect

Footnotes

F1: Includes 6,000 shares owned by Mr. Blum's spouse and 6,500 shares owned by Mr. Blum's minor son.