UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 5
ANNUAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
( ) Check box if no longer subject to Section 16.
Form 4 or Form 5 obligations may continue. See Instructions 1(b).
( ) Form 3 Holdings Reported
( ) Form 4 Transactions Reported
1. Name and Address of Reporting Person
Sachs George L.
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(Last) (First) (Middle)
950 East Paces Ferry Road, Suite 1575
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(Street)
Atlanta Georgia 30326
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(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Industrial Distribution Group, Inc. (IDG)
3. IRS or Social Security Number of Reporting Person (Voluntary)
4. Statement for Month/Year
1998
5. If Amendment, Date of Original (Month/Year)
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6. Relationship of Reporting Person(s) to Issuer (Check all applicable)
(X) Director ( ) 10% Owner ( ) Officer (give title below) ( ) Other
(specify below)
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7. Individual or Joint/Group Reporting (Check Applicable Line)
(X) Form filed by One Reporting Person
( ) Form filed by More than One Reporting Person
<PAGE>
<TABLE>
<CAPTION>
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Table I -- Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
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1. Title of Security |2. |3. |4.Securities Acquired (A) |5.Amount
of |6.Dir |7.Nature of Indirect |
|Transaction| or Disposed of (D) |
Securities |ect | Beneficial Ownership |
|Date |Code| |
Beneficially |(D)or | |
| | | | A/| | Owned
at |Indir | |
| | | Amount | D | Price | End of
Year |ect(I)| |
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<S> <C> <C> <C> <C> <C> <C>
<C> <C>
_____________________________________________________________________________________
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<CAPTION>
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Table II -- Derivative Securitites Acquired, Disposed of, or Beneficially Owned
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1.Title of Derivative |2.Con |3. |4. |5.Number of De |6.Date Exer|7.Title and
Amount |8.Price|9.Number |10.|11.Nature of|
Security |version |Transaction rivative Secu |cisable and| of
Underlying |of Deri|of Deriva |Dir|Indirect |
|or Exer |Date |Code| rities Acqui |Expiration | Securities
|vative |tive |ect|Beneficial |
|cise Pr | | | red(A) or Dis |Date(Month/|
|Secu |Securities |(D)|Ownership |
|ice of | | | posed of(D) |Day/Year) |
|rity |Benefi |or | |
|Deriva | | | |Date |Expir|
| |ficially |Ind| |
|tive | | | | A/|Exer-|ation| Title and
Number | |Owned at |ire| |
|Secu | | | | D |cisa-|Date | of Shares
| |End of |ct | |
|rity | | | Amount | |ble | |
| |Year |(I)| |
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<S> <C> <C> <C> <C> <C> <C> <C> <C>
<C> <C> <C> <C> <C>
Options to Acquire $19.00 5/06/ A 2,500 A <F1> 5/06/ Common Stock
2,500 -- -- (D) ---
Common Stock 98 08
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Explanation of Responses:
<FN>
<F1> Vests in equal 25% installments on each of the
first four (4) anniversaries of the date of grant.
</FN>
</TABLE>
SIGNATURE OF REPORTING PERSON
/s/ George L. Sachs, Jr. 2/08/99
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George L. Sachs, Jr.
Signature of Reporting Person Date
