SECURITIES AND EXCHANGE COMMISSION
Washington, D. C. 20549

FORM 8-K

CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934

Date of report (date of earliest event reported): May 7, 2003

BELL INDUSTRIES, INC.

(Exact name of registrant as specified in charter)

California	1-11471	95-2039211
(State of incorporation)	(Commission File Number)	(IRS Identification No.)

1960 E. Grand Avenue, Suite 560, El Segundo, California	90245
(Address of principal executive offices)	(Zip Code)

Registrant’s telephone number, including area code: (310) 563-2355.

TABLE OF CONTENTS

PRESS RELEASE

TABLE OF CONTENTS

Item 7. Financial Statements and Exhibits
Item 9. Regulation FD Disclosure (Information Below is being Furnished Under Item 12)
SIGNATURES
EXHIBIT INDEX
EX – 99.1

Item 7. Financial Statements and Exhibits

(c)  Exhibits

Exhibit	Description
99.l	May 7, 2003 Press Release by Bell Industries, Inc.

Item 9. Regulation FD Disclosure (Information Below is being Furnished Under Item 12)

On May 7, 2003, Bell Industries, Inc., (the “Company”) issued a press release describing selected financial results of the Company for the quarter ended March 31, 2003. Pursuant to SEC Release No. 33-8216, this press release is attached hereto as Exhibit 99.1 and is being furnished, not filed, under Item 12, Results of Operations and Financial Condition, to this Report on Form 8-K.

SIGNATURES

     Pursuant to the requirements of the Securities and Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

		BELL INDUSTRIES, INC.
Dated:	May 7, 2003	By:	/s/ TRACY A. EDWARDS
			Tracy A. Edwards
			President — Chief Executive Officer

EXHIBIT INDEX

Exhibit	Description
99.1	Press Release dated May 7, 2003.