UNITED STATES

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): June 12, 2003

AMPEX CORPORATION

(Exact name of registrant as specified in its charter)

Delaware (State or other jurisdiction of incorporation) 0-20292 (Commission File Number) 13-3667696 (IRS Employer Identification No.)

1228 Douglas Avenue

Redwood City, California 94063-3117

(Address and zip code of principal executive offices)

Registrant’s telephone number, including area code:

(650) 367-2011

Item 5. Other Events.

In a press release dated June 12, 2003, Ampex Corporation announced that it has filed an amendment to its Restated Certificate of Incorporation to effect a one-for-twenty reverse stock split of its outstanding shares of Class A Common Stock. The amendment was approved at the company’s Annual Meeting of Stockholders held on June 6, 2003, and the reverse stock split became effective on the American Stock Exchange on June 12, 2003. As a result of the reverse stock split, approximately 63.8 million of the Company’s outstanding shares were reclassified into approximately 3.2 million shares. A copy of the company’s press release is attached as an exhibit hereto, and the text of the press release is incorporated herein by reference.

Item 7. Financial Statements and Exhibits.

(c) Exhibits.

The following Exhibit is filed herewith:

99.1 Press Release dated June 12, 2003.

[SIGNATURE PAGE FOLLOWS]

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SIGNATURES

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

AMPEX CORPORATION
By:	/s/    JOEL D. TALCOTT
	Joel D. Talcott Vice President and Secretary

Date: June 12, 2003

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EXHIBIT INDEX

Exhibit Number		Description
99.1	*	Press Release dated June 12, 2003.

* Filed herewith.

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