TANDY LEATHER FACTORY INC — Director's Dealing 2005

Feb 2, 2005

SEC Form 5 — Annual Statement of Changes in Beneficial Ownership

Issuer: LEATHER FACTORY INC (TLF)
CIK: 0000909724
Period of Report: 2004-12-31

Reporting Person: MARKWARDT H W (Director)

Holdings (Non-Derivative)

Security	Shares	Ownership
COMMON STOCK, PV $0.0024	59600	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
NON-QUALIFIED STOCK OPTIONS	$3.90	2013-09-26	COMMON STOCK, PV $0.0024 (2000)	2000	Direct
NON-QUALIFIED STOCK OPTIONS	$3.87	2014-09-27	COMMON STOCK PV $0.0024 (2000)	2000	Direct

Footnotes

F1: GRANTED PURSUANT TO THE 1995 NON-QUALIFIED DIRECTOR STOCK OPTION PLAN OF THE LEATHER FACTORY, INC. IN A TRANSACTION EXEMPT UNDER RULE 16B-3.