X0202 4 2005-02-03 0 0000851249 FORTUNE DIVERSIFIED INDUSTRIES INC FDVI 0001121307 FORTUNE CARTER M 6402 CORPORATE DRIVE INDIANAPOLIS IN 46278 1 1 1 0 CEO Common Stock 2005-02-03 4 S 0 67500 0.53 D 41328108 D Common Stock 42760767 I See Note 135,000 Shares of Issuer's Common Stock were transferred from Fortune Real Estate Development, LLC, an entity which Reporting Person holds a 50% interest. Reporting Person may be deemed to be the indirect beneficial owner of 682,500 Shares of Issuer's Common Stock held by Fortune Real Estate Development, LLC. Additionally, Reporting Person may be the indirect beneficial owner of 39,509,907 Shares through his membership in a Control Group. Carter M. Fortune 2005-02-07