X0202 4 2004-07-06 0 0000355766 HALLWOOD GROUP INC HWG 0000733084 ALPHA TRUST /TX/ C/O LE ROCCABELLA 24 AVE BRINCESS GRACE MONTECARLO 98000 O9 MC98000 MONACO 0 0 1 0 Common Stock 2004-07-06 4 G 0 851575 A 851575 I By Hallwood Investments Limited A discretionary beneficiary of The Alpha Trust (the "Trust"), contributed the shares to the Trust, which then contributed the shares to Hallwood Investments Limited, which is wholly-owned by the Trust. N/A. THE ALPHA TRUST By: HALLWOOD COMPANY LIMITED, trustee By: /s/ Anthony J. Gumbiner Anthony J. Gimbiner, Director **Signature of Reporting Person /s/ Anthony J. Gumbiner 2004-07-06