Item 2.02 Results of Operations and Financial Condition

On August 18, 2008, Espey Mfg. & Electronics Corp. issued a press release announcing its financial results for the fiscal year ended June 30, 2008. A copy of the press release is furnished as Exhibit 99.1 to this report. The information in this report shall not be deemed to be filed for purposes of
Section 18 of the Securities Exchange Act of 1934 (the Exchange Act), as amended, or otherwise subject to the liability of that section, and shall not be incorporated by reference into any registration statement or other document filed under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.

Item 8.01 Other Events

On August 18, 2008, Espey Mfg. & Electronics Corp. issued a press release announcing that the Company's Board of Directors had declared an increase in the first quarter cash dividend of $0.025. A copy of the press release is furnished as Exhibit 99.1 to this report.

Item 9.01 Financial Statements, Pro Forma Financial Information and Exhibits

(c) Exhibits Exhibit No. Document ------------- -------- 99.1 Press Release dated August 18, 2008