SPAR Group, Inc. — Director's Dealing 2005

Mar 16, 2005

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SPAR GROUP INC (SGRP)
CIK: 0001004989
Period of Report: 2005-03-14

Reporting Person: ADERS ROBERT O (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2005-03-14	Option to buy Common Stock	$0.78	A	14424	Acquired	2014-09-30	Common Stock, $.01 par value (14424)	Direct