REX AMERICAN RESOURCES Corp — Director's Dealing 2004

May 28, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: REX STORES CORP (RSC)
CIK: 0000744187
Period of Report: 2004-05-27

Reporting Person: DAVIDOFF ROBERT GEORGE (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2004-05-27	Non-employee Director Stock Option Right to Buy	$12.18	A	8210	Acquired	2014-05-27	Common stock $.01 par value (8210)	Direct

Footnotes

F1: Options become exercisable in 20% increments on each of the first five anniversaries of the grant