Sec Form 4/A Filing - MEYERS ELAINE G @ FRANKLIN FINANCIAL SERVICES CORP /PA/ - 2004-10-01

FORM 4/A Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person MEYERS ELAINE G 2. Issuer Name and Ticker or Trading Symbol FRANKLIN FINANCIAL SERVICES CORP /PA/ [ FRAF] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director _____ 10% Owner X __ Officer (give title below) _____ Other (specify below) Chief Financial Officer (Last) (First) (Middle) C/O F&M TRUST CO, PO BOX 6010 3. Date of Earliest Transaction (MM/DD/YY) 10/01/2004 (Street) CHAMBERSBURG, PA17201-6010 4. If Amendment, Date Original Filed (MM/DD/YY) 10/04/2004 6. Individual or Joint/Group Filing (Check Applicable Line) __ X __ Form filed by One Reporting Person _____ Form filed by More than One Reporting Person (City) (State) (Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1.Title of Security (Instr. 3) 2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities) 1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) 6. Date Exercisable and Expiration Date (MM/DD/YY) 7. Title and Amount of Underlying Securities (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4) Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares Option for Common Stock $ 24.12 10/01/2003 E 335 ( 1 ) 10/01/2002 09/30/2003 Common Stock 335 $ 24.12 2,539 D Option for Common Stock $ 28.72 10/01/2004 E 361 10/01/2003 09/30/2004 Common Stock 361 $ 28.72 4,687 ( 2 ) D Option for Common Stock $ 23.43 10/01/2004 A 365 ( 3 ) 10/01/2004 06/30/2005 Common Stock 365 $ 23.43 5,052 D

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other MEYERS ELAINE G C/O F&M TRUST CO PO BOX 6010 CHAMBERSBURG, PA17201-6010 Chief Financial Officer Signatures Elaine G. Meyers 11/05/2004 Signature of Reporting Person Date

Explanation of Responses:

( 1 )Expired options not previously deducted from total derivative securities. ( 2 )On June 28, shareholder acquired an additional number of options because of a stock split that was declared on April 8, 2004. Additional options included in the total shares beneficially owned, but not yet reported are:Incentive Stock Option Plan: 937 additional sharesEmployee Stock Option Plan: 72 additional shares 1,009 TOTAL additional shares ( 3 )Original option award was inadvertently over-calculated by 2 shares.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

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