REX AMERICAN RESOURCES Corp — Director's Dealing 2004

Dec 7, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: REX STORES CORP (RSC)
CIK: 0000744187
Period of Report: 2004-12-06

Reporting Person: ROSE STUART A (Director, COB, CEO, President, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-12-06	Common Shares $.01 par value	M	100000	$6.17	Acquired	1394303	Direct
2004-12-06	Common Shares $.01 par value	F	35582	$17.34	Disposed	1358721	Direct
2004-12-06	Common Shares $.01 par value	S	100000	$17.3355	Disposed	1258721	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2004-12-06	Employee stock option right to buy	$6.17	M	100000	Disposed	2005-07-06	Common stock $.01 par value (100000)	Direct

Footnotes

F1: Options granted on 7/6/95 and became exercisable in one-third increments on each of 12/31/97, 12/31/98 and 12/31/99