SIGA TECHNOLOGIES INC — Director's Dealing 2004

Jan 9, 2004

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: SIGA TECHNOLOGIES INC (SIGA)
CIK: 0001010086
Period of Report: 2004-01-08

Reporting Person: SAVAS PAUL G (Director)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	17361.0000	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Warrant (right to buy)	$2.0000	2010-08-13	Common Stock (868.0000)		Direct
Warrant (right to buy)	$2.0000	2010-10-14	Common Stock (7813.0000)		Direct

Footnotes

F1: Common Stock, par value $0.0001 per share ("Common Stock")