POWELL INDUSTRIES INC — Director's Dealing 2004

Sep 21, 2004

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: POWELL INDUSTRIES INC (POWL)
CIK: 0000080420
Period of Report: 2004-09-10

Reporting Person: Reid Mark W (Exec Vice President)

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Employee Stock Options (Right to buy)	$16.30	2011-08-17	Common Stock (15000)		Direct

Footnotes

F1: These Stock Options become exercisable in equal installments on each of the first five anniversaries of 08/17/2004, the date of the Grant.