TWIN DISC INC — Director's Dealing 2004

Oct 27, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TWIN DISC INC (TWIN)
CIK: 0000100378
Period of Report: 2004-10-22

Reporting Person: JOYCE MICHAEL H (PRESIDENT/COO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-10-22	COMMON STOCK	M	401	$19.9375	Acquired	6029	Direct
2004-10-25	COMMON STOCK	M	1200	$19.9375	Acquired	7229	Direct
2004-10-26	COMMON STOCK	M	150	$19.9375	Acquired	7379	Direct
2004-10-22	COMMON STOCK	S	401	$24.9	Disposed	6978	Direct
2004-10-25	COMMON STOCK	S	1200	$24.9	Disposed	5778	Direct
2004-10-26	COMMON STOCK	S	150	$24.9	Disposed	5628	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2004-10-22	STOCK OPTIONS	$19.9375	M	401	Disposed	2009-07-30	COMMON STOCK (401)	Direct
2004-10-25	STOCK OPTIONS	$19.9375	M	1200	Disposed	2009-07-30	COMMON STOCK (1200)	Direct
2004-10-26	STOCK OPTIONS	$19.9375	M	150	Disposed	2009-07-30	COMMON STOCK (150)	Direct