Form 10-C

Securities and Exchange Commission
Washington, DC  20549

Report by issuer of securities quoted on The Nasdaq Stock
Marketsm, filed pursuant to Section 13 or 15(d) of the Securities
Exchange Act of 1934 and Rule 13a-17 or 15d-17 thereunder.

EXACT NAME OF ISSUER AS SPECIFIED IN CHARTER: LSI Industries Inc.

ADDRESS OF PRINCIPAL EXECUTIVE OFFICES:  10000 Alliance Road, 
                                         Cincinnati, Ohio 45242


ISSUER'S TELEPHONE NUMBER (INCLUDING AREA CODE): (513) 793-3200

I.   Change in Number of Shares Outstanding

     Indicate any change (increase or decrease) of five percent
     or more in the number of shares outstanding.

1.   Title of security:   Common Shares

2.   Number of shares outstanding before the change:   5,046,003

3.   Number of shares outstanding after the change:    7,568,864

4.   Effective date of change:           8/4/95

5.   Method of change:   Three-for-two stock split

Specify Method (such as merger, acquisition, exchange, distribu-
tion, stock split, reverse split, acquisition of stock for
treasury, etc.)

Give brief description of transaction:  Three-for-two stock split
                                        was paid on August 15,
                                        1995 to shareholders of
                                        record on August 4, 1995;
                                        fractional shares which
                                        resulted were paid in
                                        cash.

II.  Change in Name of Issuer
1.   Name prior to change _______________________________________

2.   Name after change __________________________________________

3.   Effective date of charter amendment changing name __________

4.   Date of shareholder approval of change, if required ________


August 21, 1995     Ronald S. Stowell, Chief Financial Officer
_________________________________________________________________
DATE           OFFICER'S SIGNATURE AND TITLE