U.S. GOLD CORP. — Director's Dealing 2004

Sep 16, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DATARAM CORP (DRAM-NASDQ)
CIK: 0000027093
Period of Report: 2004-09-15

Reporting Person: RILEY BERNARD L (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2004-09-15	Options (9/15/2004)	$6.75	A	8000	Acquired	2009-09-15	Common Stock, $1.00 Par Value (8000)	Direct

Footnotes

F1: Options were granted to the reporting person in consideration of his service as a Director of the Company. Options were granted at an exercise price equal to the fair market value of the Common Stock on the date of grant.

F2: In addition, the Reporting Person holds options to purchase 8,000 shares at $7.98 a share which are presently exercisable and expire on 11/26/2011. The Reporting Person holds options to purchase 8,000 shares at $2.99 a share which are presently exercisable and expire on 9/18/2012. The Reporting Person holds options to purchase 8,000 at $4.09 a share which become exercisable on 9/18/2004 and which expire on 9/18/2013.