SYPRIS SOLUTIONS INC — Director's Dealing 2007

May 17, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SYPRIS SOLUTIONS INC (SYPR)
CIK: 0000864240
Period of Report: 2007-04-26

Reporting Person: GILL ROBERT E (Director, Ch of Bd and 10% Owner, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-04-26	Common Stock	G	27782.27	—	Disposed	2812186.56	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	500	Indirect
Common Stock	500	Direct

Footnotes

F1: Gifts reported herein are limited partnership interests of GFP I, LP, a Delaware limited partnership, by the reporting person and his wife (each in equal proportions). The reporting person and his wife are limited partners of GFP I, LP and own, respectively, 42.48929% and 43.38776% of the total partnership interests in GFP I, LP.