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<P ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Registration No.
333-_______ </FONT></P>

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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>UNITED STATES<BR>SECURITIES
AND EXCHANGE COMMISSION</B> <BR>Washington, D.C. 20549  </FONT></P>

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     <P ALIGN=CENTER>_________________ </P>

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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>FORM S-8<BR>REGISTRATION
STATEMENT </B><BR>Under <BR>THE SECURITIES ACT OF 1933  </FONT></P>

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     <P ALIGN=CENTER>_________________ </P>


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     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>BANDAG, INCORPORATED</B></FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=1>(Exact name of registrant as specified in its charter)</FONT></TD></TR>
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     <TD WIDTH=51% ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Iowa</FONT></TD>
     <TD WIDTH=49% ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>I.R.S. Employer I.D. No.: 42-0802143</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=1>(State or other jurisdiction</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=1>of incorporation or organization)</FONT></TD></TR>
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     <TD WIDTH=50% ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>2905 North Highway 61</FONT></TD>
     <TD WIDTH=50% ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Muscatine, Iowa</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>52761-5886</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=1>(Address of principal executive offices)</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=1>(Zip Code)</FONT></TD></TR>
</TABLE>
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     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>BANDAG, INCORPORATED 2004 STOCK GRANT AND AWARDS PLAN</B></FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=1>(Full title of the plan)</FONT></TD></TR>
</TABLE>
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     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Martin G. Carver</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Chairman of the Board,</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Chief Executive Officer and President</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=1>(Name of agent for service)</FONT></TD></TR>
</TABLE>


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     <TD WIDTH=49% ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2></FONT></TD>
     <TD WIDTH=51% ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>With a copy to:</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Bandag, Incorporated</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Phillip J. Hanrahan</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>2905 North Highway 61</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Foley &amp; Lardner LLP</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Muscatine, Iowa 52761</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>777 East Wisconsin Avenue</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(319) 262-1400</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(414) 271-2400</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=1>(Address and telephone number, including area</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=1>code fo agent for service)</FONT></TD></TR>
</TABLE>
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     <TD ALIGN=CENTER COLSPAN=5><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>CALCULATION OF REGISTRATION FEE</B></FONT><HR WIDTH=100% SIZE=2 COLOR=BLACK NOSHADE></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Title of<BR>
Securities to be<BR>
Registered</FONT><HR WIDTH=100% SIZE=1 COLOR=BLACK NOSHADE></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Amount<BR>
to be<BR>
Registered</FONT><HR WIDTH=100% SIZE=1 COLOR=BLACK NOSHADE></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Proposed Maximum<BR>
Offering Price<BR>
Per Share</FONT><HR WIDTH=100% SIZE=1 COLOR=BLACK NOSHADE></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Proposed Maximum<BR>
Aggregate Offering<BR>
Price</FONT><HR WIDTH=100% SIZE=1 COLOR=BLACK NOSHADE></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Amount of<BR>
Registration Fee</FONT><HR WIDTH=100% SIZE=1 COLOR=BLACK NOSHADE></TD></TR>
<TR VALIGN=Bottom>
     <TD WIDTH=20% ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;Class A Common Stock,</FONT></TD>
     <TD WIDTH=20% ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>2,000,000 shares (1)</FONT></TD>
     <TD WIDTH=20% ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>$36.79 (2)</FONT></TD>
     <TD WIDTH=20% ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>$73,580,000 (2)</FONT></TD>
     <TD WIDTH=20% ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>$9,322.59 (3)</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$1 par value</FONT></TD></TR>
<TR>
     <TD ALIGN=RIGHT><HR NOSHADE COLOR=Black SIZE=2></TD>
     <TD ALIGN=RIGHT><HR NOSHADE COLOR=Black SIZE=2></TD>
     <TD ALIGN=RIGHT><HR NOSHADE COLOR=Black SIZE=2></TD>
     <TD ALIGN=RIGHT><HR NOSHADE COLOR=Black SIZE=2></TD>
     <TD ALIGN=RIGHT><HR NOSHADE COLOR=Black SIZE=2></TD></TR>
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<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>1.  </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Pursuant
to Rule 416(a) under the Securities Act of 1933, as amended (the
                    &#147;Securities Act&#148;), this Registration Statement covers that
number of                     additional shares of Bandag, Incorporated Class A Common
Stock that may become                     issuable as a result of stock splits, stock
dividends or similar transactions                     pursuant to the anti-dilution
provisions of the plan.  </FONT></TD>
</TR>
</TABLE>
<BR>

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<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>2.  </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Estimated
pursuant to Rule 457(c) and (h) under the Securities Act solely for
                    the purpose of calculating the registration fee based on the average
of the high                     and low prices for Bandag, Incorporated Class A Common
Stock as reported on The                     New York Stock Exchange on May 7, 2004.  </FONT></TD>
</TR>
</TABLE>
<BR>

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<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>3.  </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>The
registration fee has been calculated pursuant to Section 6(b) of the
                    Securities Act as follows: .0001267 times the Proposed Maximum
Aggregate                     Offering Price.  </FONT></TD>
</TR>
</TABLE>
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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>PART I </FONT></H1>

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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>INFORMATION REQUIRED
IN THE SECTION 10(a) PROSPECTUS </FONT></H1>

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<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Item 1.&nbsp;&nbsp;&nbsp;&nbsp;<U>Plan Information</U>. </FONT></H1>

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<TD WIDTH=10%>&nbsp;</TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
*  </FONT></TD>
</TR>
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<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Item 2.&nbsp;&nbsp;&nbsp;&nbsp;<U>Registrant
Information and Employee Plan Annual Information</U>. </FONT></H1>

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<TD WIDTH=10%>&nbsp;</TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
*  </FONT></TD>
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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*
Information required by Part I of Form S-8 to be contained in the Section 10(a) prospectus
is omitted from this Registration Statement on Form S-8 (this &#147;Registration
Statement&#148;) in accordance with Rule 428 under the Securities Act of 1933, as amended,
and the Note to Part I of Form S-8. </FONT></P>

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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>PART II </FONT></H1>

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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>INFORMATION REQUIRED
IN THE REGISTRATION STATEMENT </FONT></H1>

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<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Item 3.&nbsp;&nbsp;&nbsp;&nbsp;<U>Incorporation of Documents
by Reference</U>. </FONT></H1>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
following documents filed with the Securities and Exchange Commission by Bandag,
Incorporated (the &#147;Company&#148;), Commission File No. 001-07007, are hereby
incorporated in this Registration Statement by reference: </FONT></P>

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<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(a) </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>The
Company&#146;s Annual Report on Form 10-K for the year ended December 31,
                    2003. </FONT></TD>
</TR>
</TABLE>
<BR>

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<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(b) </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>The
Company&#146;s Quarterly Report on Form 10-Q for the quarter ended March 31,
                    2004. </FONT></TD>
</TR>
</TABLE>
<BR>

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<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(c) </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>The
description of the Class A Common Stock, $1 par value, of the Company
                    contained in Item 1 of the Company&#146;s Registration Statement on
Form 8-A,                     dated as of May 7, 1992, including any amendment or report
filed for the purpose                     of updating such description. </FONT></TD>
</TR>
</TABLE>
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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;All
documents subsequently filed by the Company pursuant to Sections 13(a), 13(c), 14 or 15(d)
of the Securities Exchange Act of 1934, as amended, after the date of filing of this
Registration Statement and prior to such time as the Company files a post-effective
amendment to this Registration Statement which indicates that all securities offered
hereby have been sold or which deregisters all securities then remaining unsold shall be
deemed to be incorporated by reference in this Registration Statement and to be a part
hereof from the date of filing of such documents. </FONT></P>

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<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Item 4.&nbsp;&nbsp;&nbsp;&nbsp;<U>Description of
Securities</U>. </FONT></H1>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Not
applicable. </FONT></P>




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<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Item 5.&nbsp;&nbsp;&nbsp;&nbsp;<U>Interests of
Named Experts and Counsel</U>. </FONT></H1>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Phillip
J. Hanrahan, a director of the Company, is a partner of Foley&amp; Lardner LLP, legal
counsel for the Company, and beneficially owns 10,777 shares of Class A Common Stock, as
of March 9, 2004. </FONT></P>

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<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Item 6.&nbsp;&nbsp;&nbsp;&nbsp;<U>Indemnification
of Directors and Officers</U>. </FONT></H1>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Company is subject to the Iowa Business Corporation Act (the &#147;IBCA&#148;), which
provides for or permits indemnification of directors and officers in certain situations.
Indemnification is mandatory for a director or an officer of the Company who was wholly
successful, on the merits or otherwise, in the defense of any proceeding to which the
director or officer was a party because such person is or was a director or officer of the
Company against reasonable expenses incurred by the director or officer in connection with
the proceeding. In addition, a director or officer may apply for limited court ordered
indemnification if certain standards are met. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;To
the extent an officer or director meets the applicable standard of conduct discussed
below, the Company&#146;s Bylaws provide for mandatory indemnification of officers and
directors of the Company against all reasonable expenses and all other liabilities
actually incurred by the officer or director by reason of the fact that the person was an
officer or director of the Company, or was serving in certain other capacities at the
request of the Company. Such right to mandatory indemnification includes the advancement
of expenses, provided that the officer or director agrees in writing to repay the amounts
advanced if it is ultimately determined that the person was not entitled to be
indemnified. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
mandatory indemnification provided for above may only be made if there has been a
determination made that indemnification is proper because the person acted in good faith
and in a manner such person reasonably believed to be in or not opposed to the
Company&#146;s best interests and, in a criminal action, if such person had no reasonable
cause to believe that his conduct was unlawful. No indemnification is permitted in a
shareholder&#146;s derivative suit where the officer or director was adjudged liable to
the Company, or for breach of a person&#146;s duty of loyalty to the Company or its
shareholders, or for acts or omissions not in good faith which involve intentional
misconduct or knowing violation of the law, or in connection with a transaction where the
person derived an improper personal benefit or in connection with certain unlawful
distributions. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Company and the shareholders of the Company adopted an amendment to the Company&#146;s
Restated Articles of Incorporation in 2002 that provides that the Company&#146;s directors
are not personally liable to the Company or its shareholders for monetary damages for
breach of fiduciary duty as a director, except for: </FONT></P>

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<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&#149; </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>any
breach of a director's duty of loyalty to the Company or its shareholders;</FONT></TD>
</TR>
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<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&#149; </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>acts
or omissions not in good faith or that involve intentional misconduct or a knowing
violation of law;</FONT></TD>
</TR>
</TABLE>
<BR>

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<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&#149; </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>any
transaction from which a director derives an improper personal benefit; or</FONT></TD>
</TR>
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<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&#149; </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>unlawful
dividends or unlawful stock repurchases or redemptions under Section 490.833 of the IBCA.</FONT></TD>
</TR>
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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>The provision did not eliminate or
limit the liability of a director for an act or omission that occurred prior to May 15,
2002, the effective date of the provision. </FONT></P>


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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>2 </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Company maintains insurance for each director and officer of the Company covering certain
expenses, liability or losses he may incur that arise by reason of his being a director or
officer of the Company or subsidiary company, whether or not the Company would have the
power to indemnify such person against such expenses, liability or loss under the IBCA. </FONT></P>

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<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Item 7.&nbsp;&nbsp;&nbsp;&nbsp;<U>Exemption from
Registration Claimed</U>. </FONT></H1>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Not
applicable. </FONT></P>


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<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Item 8.&nbsp;&nbsp;&nbsp;&nbsp;<U>Exhibits</U>. </FONT></H1>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
following exhibits have been filed (except where otherwise indicated) as part of this
Registration Statement: </FONT></P>


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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=10%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>          <B><U>Exhibit No</U>.</B> </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
                                                    <B><U>Exhibit</U></B></FONT></TD>
</TR>
</TABLE>
<BR>



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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>4.1 </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Bandag,
Incorporated 2004 Stock Grant and Awards Plan (incorporated by reference to Appendix A to
the registrant&#146;s definitive proxy statement for its 2004 annual meeting of
shareholders filed on March 31, 2004). </FONT></TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>              4.2 </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Form
of Stock Appreciation Rights Agreement.</FONT></TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>              4.3 </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Form
of Restricted Stock Agreement.</FONT></TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>              4.4 </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Relevant
portions of Restated Articles of Incorporation (incorporated by reference to  Exhibits
No. 3.2 and 3.3 to the registrant&#146;s Form 10-K for the year ended December 31, 1992). </FONT></TD>
</TR>
</TABLE>
<BR>


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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>4.5 </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Relevant
portions of Bylaws (incorporated by reference to Exhibit 3.1 to the registrant&#146;s
Form 10-Q for the quarter ended March 31, 2004). </FONT></TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>               5 </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Opinion
of Foley &amp; Lardner LLP. </FONT></TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>              23.1 </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Consent
of Ernst &amp; Young LLP.</FONT></TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>              23.2 </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Consent
of Foley &amp; Lardner LLP (contained in Exhibit 5 hereto).</FONT></TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>               24 </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Power
of Attorney relating to subsequent amendments (included on the signature page to
                                  this Registration Statement).</FONT></TD>
</TR>
</TABLE>
<BR>

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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>3 </FONT></P>

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<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Item 9.&nbsp;&nbsp;&nbsp;&nbsp;<U>Undertakings</U>. </FONT></H1>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)        The
undersigned registrant hereby undertakes to:  </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          To
file, during any period in which offers or sales are being made, a
          post-effective amendment to  this Registration Statement  </FONT></P>


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<TR VALIGN=TOP>
<TD WIDTH=10%>&nbsp;</TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
(i)
&nbsp;&nbsp;&nbsp;&nbsp;                  To
include any prospectus required by Section 10(a)(3) of the Securities Act;  </FONT></TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=10%>&nbsp;</TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
(ii)
&nbsp;&nbsp;&nbsp;&nbsp;                 To
reflect in the prospectus any facts or events arising after the effective           date
of this Registration Statement (or the most recent post-effective amendment
          thereof) which, individually or in the aggregate, represent a fundamental
change           in the information set forth in this Registration Statement; and  </FONT></TD>
</TR>
</TABLE>
<BR>

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<TR VALIGN=TOP>
<TD WIDTH=10%>&nbsp;</TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
(iii)
&nbsp;&nbsp;&nbsp;&nbsp;                  To
include any material information with respect to the plan of distribution           not
previously disclosed in this Registration Statement or any material change           to
such information in this Registration Statement;  </FONT></TD>
</TR>
</TABLE>
<BR>

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<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=10%>&nbsp;</TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
<I>provided,
however</I>, that paragraphs (a)(1)(i) and (a)(1)(ii) do not apply if the information
required to be included in a post-effective amendment by those paragraphs is contained in
periodic reports filed with or furnished to the Commission by the registrant pursuant to
Section 13 or Section 15(d) of the Exchange Act that are incorporated by reference in
this Registration Statement. </FONT></TD>
</TR>
</TABLE>
<BR>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          That,
for the purpose of determining any liability under the Securities Act of           1933,
as amended, each such post-effective amendment shall be deemed to be a new
          registration statement relating to the securities offered therein, and the
          offering of the securities at that time to be deemed to be the initial bona
fide           offering thereof.  </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          To
remove from registration by means of a post-effective amendment any of the
          securities being registered which remain unsold at the termination of the
          offering.  </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          The
undersigned registrant hereby undertakes that, for purposes of determining           any
liability under the Securities Act, each filing of the registrant&#146;s           annual
report pursuant to Section 13(a) or Section 15(d) of the Exchange Act           (and,
where applicable, each filing of an employee benefit plan&#146;s annual           report
pursuant to Section 15(d) of the Exchange Act) that is incorporated by
          reference in this Registration Statement shall be deemed to be a new
          registration statement relating to the securities offered herein, and the
          offering of such securities at that time shall be deemed to be the initial bona
          fide offering thereof.  </FONT></P>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;          Insofar
as indemnification for liabilities arising under the Securities Act of           1933, as
amended, may be permitted to directors, officers and controlling           persons of the
registrant pursuant to the foregoing provisions, or otherwise,           the registrant
has been advised that in the opinion of the Securities and           Exchange Commission
such indemnification is against public policy as expressed           in the Act and is,
therefore, unenforceable. In the event that a claim for           indemnification against
such liabilities (other than the payment by the           registrant of expenses incurred
or paid by a director, officer or controlling           person of the registrant in the
successful defense of any action, suit or           proceeding) is asserted by such
director, officer or controlling person in           connection with the securities being
registered, the registrant will, unless in           the opinion of its counsel the
matter has been settled by controlling precedent,           submit to a court of
appropriate jurisdiction the question whether such           indemnification by it is
against public policy as expressed in the Act and will           be governed by the final
adjudication of such issue.  </FONT></P>


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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>4 </FONT></P>



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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>SIGNATURES </FONT></H1>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pursuant
to the requirements of the Securities Act of 1933, as amended, the registrant certifies
that it has reasonable grounds to believe that it meets all of the requirements for filing
on Form S-8 and has duly caused this Registration Statement to be signed on its behalf by
the undersigned, thereunto duly authorized, in the City of Muscatine, State of Iowa, on
this 11<SUP>th</SUP> day of May 2004. </FONT></P>


<TABLE CELLPADDING=0 CELLSPACING=0 BORDER=0 WIDTH=100%>
<TR VALIGN=Bottom>
     <TD WIDTH=50% ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2></FONT></TD>
     <TD WIDTH=50% ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><B>BANDAG, INCORPORATED</B></FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><BR><BR>&nbsp;</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>By:&nbsp;&nbsp;<U>/s/ Martin G. Carver</U></FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2></FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Martin G. Carver</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2></FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Chairman of the Board,</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2></FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Chief Executive Officer and President</FONT></TD></TR>
</TABLE>
<BR>


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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pursuant
to the requirements of the Securities Act of 1933, as amended, this Registration Statement
has been signed below by the following persons in the capacities and on the dates
indicated. Each person whose signature appears below constitutes and appoints Martin G.
Carver and Warren W. Heidbreder each of them individually, his true and lawful
attorneys-in-fact and agents, with full power of substitution and revocation, for him and
in his name, place and stead, in any and all capacities, to sign any and all amendments
(including post-effective amendments) to this Registration Statement and to file the same,
with all exhibits thereto, and other documents in connection therewith, with the
Securities and Exchange Commission, granting unto said attorneys-in-fact and agents, and
each of them, full power and authority to do and perform each and every act and thing
requisite and necessary to be done in connection therewith, as fully to all intents and
purposes as he might or could do in person, hereby ratifying and confirming all that said
attorneys-in-fact and agents, or either of them, may lawfully do or cause to be done by
virtue hereof. </FONT></P>


<TABLE CELLPADDING=0 CELLSPACING=0 BORDER=0 WIDTH=100%>
<TR VALIGN=Bottom>
     <TD WIDTH=30% ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<U>Signature</U></FONT></TD>
     <TD WIDTH=30% ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2><U>Title</U></FONT></TD>
     <TD WIDTH=40% ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2><U>Date</U></FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><BR><U>/s/ Martin G. Carver</U></FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Chairman of the Board,</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>May 11, 2004</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Martin G. Carver</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Chief Executive Officer, President and</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2></FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Director</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2></FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(Principal Executive Officer)</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><BR><U>/s/ Warren W. Heidbreder</U></FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Vice President, Chief Financial Officer</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>May 11, 2004</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Warren W. Heidbreder</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>and Secretary</FONT></TD></TR>
<TR VALIGN=Bottom>
      <td></td>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(Principal Financial Officer)</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><BR><U>/s/ Charles W. Vesey</U></FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Vice President and Corporate Controller</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>May 11, 2004</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Charles W. Vesey</FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(Principal Accounting Officer)</FONT></TD></TR>
</table>





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<TABLE CELLPADDING=0 CELLSPACING=0 BORDER=0 WIDTH=100%>
<TR VALIGN=Bottom>
     <TD WIDTH=30% ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2></FONT></TD>
     <TD WIDTH=30% ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2></FONT></TD>
     <TD WIDTH=40% ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2></FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><BR><U>/s/ Roy J. Carver, Jr.</U></FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Director</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>May 11, 2004</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Roy J. Carver, Jr.</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><BR><U>/s/ Amy P. Hutton</U></FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Director</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>May 11, 2004</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Amy P. Hutton</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><BR><U>/s/ Gary E. Dewel</U></FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Director</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>May 11, 2004</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Gary E. Dewel</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><BR><U>/s/ James R. Everline</U></FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Director</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>May 11, 2004</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>James R. Everline</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><BR><U>/s/ Philip J. Hanrahan</U></FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Director</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>May 11, 2004</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Phillip J. Hanrahan</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><BR><U>/s/ Edgar D. Jannotta</U></FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Director</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>May 11, 2004</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Edgar D. Jannotta</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><BR><U>/s/ Robert T. Blanchard</U></FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Director</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>May 11, 2004</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Robert T. Blanchard</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2><BR><U>/s/ R. Stephen Newman</U></FONT></TD>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Director</FONT></TD>
     <TD ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>May 11, 2004</FONT></TD></TR>
<TR VALIGN=Bottom>
     <TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>R. Stephen Newman</FONT></TD></TR>
</TABLE>






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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>EXHIBIT INDEX </FONT></H1>

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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>BANDAG, INCORPORATED<BR>2004
STOCK GRANT AND AWARDS PLAN </FONT></H1>

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<TR VALIGN=TOP>
<TD WIDTH=10%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>          <B><U>Exhibit No</U>.</B> </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
                                                    <B><U>Exhibit</U></B></FONT></TD>
</TR>
</TABLE>
<BR>



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<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>4.1 </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Bandag,
Incorporated 2004 Stock Grant and Awards Plan (incorporated by reference to Appendix A to
the registrant&#146;s definitive proxy statement for its 2004 annual meeting of
shareholders filed on March 31, 2004). </FONT></TD>
</TR>
</TABLE>
<BR>

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<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>              4.2 </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Form
of Stock Appreciation Rights Agreement.</FONT></TD>
</TR>
</TABLE>
<BR>

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<TR VALIGN=TOP>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>              4.3 </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Form
of Restricted Stock Agreement.</FONT></TD>
</TR>
</TABLE>
<BR>

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<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>              4.4 </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Relevant
portions of Restated Articles of Incorporation (incorporated by reference to  Exhibits
No. 3.2 and 3.3 to the registrant&#146;s Form 10-K for the year ended December 31, 1992). </FONT></TD>
</TR>
</TABLE>
<BR>


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<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>4.5 </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Relevant
portions of Bylaws (incorporated by reference to Exhibit 3.1 to the registrant&#146;s
Form 10-Q for the quarter ended March 31, 2004). </FONT></TD>
</TR>
</TABLE>
<BR>

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<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>               5 </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Opinion
of Foley &amp; Lardner LLP. </FONT></TD>
</TR>
</TABLE>
<BR>

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<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>              23.1 </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Consent
of Ernst &amp; Young LLP.</FONT></TD>
</TR>
</TABLE>
<BR>

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<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>              23.2 </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Consent
of Foley &amp; Lardner LLP (contained in Exhibit 5 hereto).</FONT></TD>
</TR>
</TABLE>
<BR>

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<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>               24 </FONT></TD>
<TD WIDTH=90%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Power
of Attorney relating to subsequent amendments (included on the signature page to
                                  this Registration Statement).</FONT></TD>
</TR>
</TABLE>
<BR>




</BODY>
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{"company-data": {"conformed-name": "BANDAG INC", "cik": "0000009534", "assigned-sic": "3011", "irs-number": "420802143", "state-of-incorporation": "IA", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "S-8", "act": "33", "file-number": "333-115369", "film-number": "04795888"}, "business-address": {"street1": "2905 NORTH HIGHWAY 61", "street2": "BANDAG HEADQUARTERS", "city": "MUSCATINE", "state": "IA", "zip": "52761-5886", "phone": "5632621400"}, "mail-address": {"street1": "2905 N  HIGHWAY 61", "street2": "BANDAG HEADQUARTERS", "city": "MUSCATINE", "state": "IA", "zip": "52761-5886"}}
Registration No.
333-_______
UNITED STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington, D.C. 20549
_________________
FORM S-8
REGISTRATION
STATEMENT
Under
THE SECURITIES ACT OF 1933
_________________
BANDAG, INCORPORATED
(Exact name of registrant as specified in its charter)
Iowa
I.R.S. Employer I.D. No.: 42-0802143
(State or other jurisdiction
of incorporation or organization)
2905 North Highway 61
Muscatine, Iowa
52761-5886
(Address of principal executive offices)
(Zip Code)
BANDAG, INCORPORATED 2004 STOCK GRANT AND AWARDS PLAN
(Full title of the plan)
Martin G. Carver
Chairman of the Board,
Chief Executive Officer and President
(Name of agent for service)
With a copy to:
Bandag, Incorporated
Phillip J. Hanrahan
2905 North Highway 61
Foley & Lardner LLP
Muscatine, Iowa 52761
777 East Wisconsin Avenue
(319) 262-1400
(414) 271-2400
(Address and telephone number, including area
code fo agent for service)
CALCULATION OF REGISTRATION FEE
Title of
Securities to be
Registered
Amount
to be
Registered
Proposed Maximum
Offering Price
Per Share
Proposed Maximum
Aggregate Offering
Price
Amount of
Registration Fee
Class A Common Stock,
2,000,000 shares (1)
$36.79 (2)
$73,580,000 (2)
$9,322.59 (3)
$1 par value
1.
Pursuant
to Rule 416(a) under the Securities Act of 1933, as amended (the
                    "Securities Act"), this Registration Statement covers that
number of                     additional shares of Bandag, Incorporated Class A Common
Stock that may become                     issuable as a result of stock splits, stock
dividends or similar transactions                     pursuant to the anti-dilution
provisions of the plan.
2.
Estimated
pursuant to Rule 457(c) and (h) under the Securities Act solely for
                    the purpose of calculating the registration fee based on the average
of the high                     and low prices for Bandag, Incorporated Class A Common
Stock as reported on The                     New York Stock Exchange on May 7, 2004.
3.
The
registration fee has been calculated pursuant to Section 6(b) of the
                    Securities Act as follows: .0001267 times the Proposed Maximum
Aggregate                     Offering Price.
PART I
INFORMATION REQUIRED
IN THE SECTION 10(a) PROSPECTUS
Item 1.
Plan Information
.
*
Item 2.
Registrant
Information and Employee Plan Annual Information
.
*
*
Information required by Part I of Form S-8 to be contained in the Section 10(a) prospectus
is omitted from this Registration Statement on Form S-8 (this "Registration
Statement") in accordance with Rule 428 under the Securities Act of 1933, as amended,
and the Note to Part I of Form S-8.
PART II
INFORMATION REQUIRED
IN THE REGISTRATION STATEMENT
Item 3.
Incorporation of Documents
by Reference
.
The
following documents filed with the Securities and Exchange Commission by Bandag,
Incorporated (the "Company"), Commission File No. 001-07007, are hereby
incorporated in this Registration Statement by reference:
(a)
The
Company's Annual Report on Form 10-K for the year ended December 31,
                    2003.
(b)
The
Company's Quarterly Report on Form 10-Q for the quarter ended March 31,
                    2004.
(c)
The
description of the Class A Common Stock, $1 par value, of the Company
                    contained in Item 1 of the Company's Registration Statement on
Form 8-A,                     dated as of May 7, 1992, including any amendment or report
filed for the purpose                     of updating such description.
All
documents subsequently filed by the Company pursuant to Sections 13(a), 13(c), 14 or 15(d)
of the Securities Exchange Act of 1934, as amended, after the date of filing of this
Registration Statement and prior to such time as the Company files a post-effective
amendment to this Registration Statement which indicates that all securities offered
hereby have been sold or which deregisters all securities then remaining unsold shall be
deemed to be incorporated by reference in this Registration Statement and to be a part
hereof from the date of filing of such documents.
Item 4.
Description of
Securities
.
Not
applicable.
Item 5.
Interests of
Named Experts and Counsel
.
Phillip
J. Hanrahan, a director of the Company, is a partner of Foley& Lardner LLP, legal
counsel for the Company, and beneficially owns 10,777 shares of Class A Common Stock, as
of March 9, 2004.
Item 6.
Indemnification
of Directors and Officers
.
The
Company is subject to the Iowa Business Corporation Act (the "IBCA"), which
provides for or permits indemnification of directors and officers in certain situations.
Indemnification is mandatory for a director or an officer of the Company who was wholly
successful, on the merits or otherwise, in the defense of any proceeding to which the
director or officer was a party because such person is or was a director or officer of the
Company against reasonable expenses incurred by the director or officer in connection with
the proceeding. In addition, a director or officer may apply for limited court ordered
indemnification if certain standards are met.
To
the extent an officer or director meets the applicable standard of conduct discussed
below, the Company's Bylaws provide for mandatory indemnification of officers and
directors of the Company against all reasonable expenses and all other liabilities
actually incurred by the officer or director by reason of the fact that the person was an
officer or director of the Company, or was serving in certain other capacities at the
request of the Company. Such right to mandatory indemnification includes the advancement
of expenses, provided that the officer or director agrees in writing to repay the amounts
advanced if it is ultimately determined that the person was not entitled to be
indemnified.
The
mandatory indemnification provided for above may only be made if there has been a
determination made that indemnification is proper because the person acted in good faith
and in a manner such person reasonably believed to be in or not opposed to the
Company's best interests and, in a criminal action, if such person had no reasonable
cause to believe that his conduct was unlawful. No indemnification is permitted in a
shareholder's derivative suit where the officer or director was adjudged liable to
the Company, or for breach of a person's duty of loyalty to the Company or its
shareholders, or for acts or omissions not in good faith which involve intentional
misconduct or knowing violation of the law, or in connection with a transaction where the
person derived an improper personal benefit or in connection with certain unlawful
distributions.
The
Company and the shareholders of the Company adopted an amendment to the Company's
Restated Articles of Incorporation in 2002 that provides that the Company's directors
are not personally liable to the Company or its shareholders for monetary damages for
breach of fiduciary duty as a director, except for:
•
any
breach of a director's duty of loyalty to the Company or its shareholders;
•
acts
or omissions not in good faith or that involve intentional misconduct or a knowing
violation of law;
•
any
transaction from which a director derives an improper personal benefit; or
•
unlawful
dividends or unlawful stock repurchases or redemptions under Section 490.833 of the IBCA.
The provision did not eliminate or
limit the liability of a director for an act or omission that occurred prior to May 15,
2002, the effective date of the provision.
2
The
Company maintains insurance for each director and officer of the Company covering certain
expenses, liability or losses he may incur that arise by reason of his being a director or
officer of the Company or subsidiary company, whether or not the Company would have the
power to indemnify such person against such expenses, liability or loss under the IBCA.
Item 7.
Exemption from
Registration Claimed
.
Not
applicable.
Item 8.
Exhibits
.
The
following exhibits have been filed (except where otherwise indicated) as part of this
Registration Statement:
Exhibit No
.
Exhibit
4.1
Bandag,
Incorporated 2004 Stock Grant and Awards Plan (incorporated by reference to Appendix A to
the registrant's definitive proxy statement for its 2004 annual meeting of
shareholders filed on March 31, 2004).
4.2
Form
of Stock Appreciation Rights Agreement.
4.3
Form
of Restricted Stock Agreement.
4.4
Relevant
portions of Restated Articles of Incorporation (incorporated by reference to  Exhibits
No. 3.2 and 3.3 to the registrant's Form 10-K for the year ended December 31, 1992).
4.5
Relevant
portions of Bylaws (incorporated by reference to Exhibit 3.1 to the registrant's
Form 10-Q for the quarter ended March 31, 2004).
5
Opinion
of Foley & Lardner LLP.
23.1
Consent
of Ernst & Young LLP.
23.2
Consent
of Foley & Lardner LLP (contained in Exhibit 5 hereto).
24
Power
of Attorney relating to subsequent amendments (included on the signature page to
                                  this Registration Statement).
3
Item 9.
Undertakings
.
(a)        The
undersigned registrant hereby undertakes to:
(1)                 To
file, during any period in which offers or sales are being made, a
          post-effective amendment to  this Registration Statement
(i)
                      To
include any prospectus required by Section 10(a)(3) of the Securities Act;
(ii)
                     To
reflect in the prospectus any facts or events arising after the effective           date
of this Registration Statement (or the most recent post-effective amendment
          thereof) which, individually or in the aggregate, represent a fundamental
change           in the information set forth in this Registration Statement; and
(iii)
                      To
include any material information with respect to the plan of distribution           not
previously disclosed in this Registration Statement or any material change           to
such information in this Registration Statement;
provided,
however
, that paragraphs (a)(1)(i) and (a)(1)(ii) do not apply if the information
required to be included in a post-effective amendment by those paragraphs is contained in
periodic reports filed with or furnished to the Commission by the registrant pursuant to
Section 13 or Section 15(d) of the Exchange Act that are incorporated by reference in
this Registration Statement.
(2)                 That,
for the purpose of determining any liability under the Securities Act of           1933,
as amended, each such post-effective amendment shall be deemed to be a new
          registration statement relating to the securities offered therein, and the
          offering of the securities at that time to be deemed to be the initial bona
fide           offering thereof.
(3)                 To
remove from registration by means of a post-effective amendment any of the
          securities being registered which remain unsold at the termination of the
          offering.
(b)                 The
undersigned registrant hereby undertakes that, for purposes of determining           any
liability under the Securities Act, each filing of the registrant's           annual
report pursuant to Section 13(a) or Section 15(d) of the Exchange Act           (and,
where applicable, each filing of an employee benefit plan's annual           report
pursuant to Section 15(d) of the Exchange Act) that is incorporated by
          reference in this Registration Statement shall be deemed to be a new
          registration statement relating to the securities offered herein, and the
          offering of such securities at that time shall be deemed to be the initial bona
          fide offering thereof.
(c)                 Insofar
as indemnification for liabilities arising under the Securities Act of           1933, as
amended, may be permitted to directors, officers and controlling           persons of the
registrant pursuant to the foregoing provisions, or otherwise,           the registrant
has been advised that in the opinion of the Securities and           Exchange Commission
such indemnification is against public policy as expressed           in the Act and is,
therefore, unenforceable. In the event that a claim for           indemnification against
such liabilities (other than the payment by the           registrant of expenses incurred
or paid by a director, officer or controlling           person of the registrant in the
successful defense of any action, suit or           proceeding) is asserted by such
director, officer or controlling person in           connection with the securities being
registered, the registrant will, unless in           the opinion of its counsel the
matter has been settled by controlling precedent,           submit to a court of
appropriate jurisdiction the question whether such           indemnification by it is
against public policy as expressed in the Act and will           be governed by the final
adjudication of such issue.
4
SIGNATURES
Pursuant
to the requirements of the Securities Act of 1933, as amended, the registrant certifies
that it has reasonable grounds to believe that it meets all of the requirements for filing
on Form S-8 and has duly caused this Registration Statement to be signed on its behalf by
the undersigned, thereunto duly authorized, in the City of Muscatine, State of Iowa, on
this 11
th
day of May 2004.
BANDAG, INCORPORATED
By:
/s/ Martin G. Carver
Martin G. Carver
Chairman of the Board,
Chief Executive Officer and President
Pursuant
to the requirements of the Securities Act of 1933, as amended, this Registration Statement
has been signed below by the following persons in the capacities and on the dates
indicated. Each person whose signature appears below constitutes and appoints Martin G.
Carver and Warren W. Heidbreder each of them individually, his true and lawful
attorneys-in-fact and agents, with full power of substitution and revocation, for him and
in his name, place and stead, in any and all capacities, to sign any and all amendments
(including post-effective amendments) to this Registration Statement and to file the same,
with all exhibits thereto, and other documents in connection therewith, with the
Securities and Exchange Commission, granting unto said attorneys-in-fact and agents, and
each of them, full power and authority to do and perform each and every act and thing
requisite and necessary to be done in connection therewith, as fully to all intents and
purposes as he might or could do in person, hereby ratifying and confirming all that said
attorneys-in-fact and agents, or either of them, may lawfully do or cause to be done by
virtue hereof.
Signature
Title
Date
/s/ Martin G. Carver
Chairman of the Board,
May 11, 2004
Martin G. Carver
Chief Executive Officer, President and
Director
(Principal Executive Officer)
/s/ Warren W. Heidbreder
Vice President, Chief Financial Officer
May 11, 2004
Warren W. Heidbreder
and Secretary
(Principal Financial Officer)
/s/ Charles W. Vesey
Vice President and Corporate Controller
May 11, 2004
Charles W. Vesey
(Principal Accounting Officer)
/s/ Roy J. Carver, Jr.
Director
May 11, 2004
Roy J. Carver, Jr.
/s/ Amy P. Hutton
Director
May 11, 2004
Amy P. Hutton
/s/ Gary E. Dewel
Director
May 11, 2004
Gary E. Dewel
/s/ James R. Everline
Director
May 11, 2004
James R. Everline
/s/ Philip J. Hanrahan
Director
May 11, 2004
Phillip J. Hanrahan
/s/ Edgar D. Jannotta
Director
May 11, 2004
Edgar D. Jannotta
/s/ Robert T. Blanchard
Director
May 11, 2004
Robert T. Blanchard
/s/ R. Stephen Newman
Director
May 11, 2004
R. Stephen Newman
EXHIBIT INDEX
BANDAG, INCORPORATED
2004
STOCK GRANT AND AWARDS PLAN
Exhibit No
.
Exhibit
4.1
Bandag,
Incorporated 2004 Stock Grant and Awards Plan (incorporated by reference to Appendix A to
the registrant's definitive proxy statement for its 2004 annual meeting of
shareholders filed on March 31, 2004).
4.2
Form
of Stock Appreciation Rights Agreement.
4.3
Form
of Restricted Stock Agreement.
4.4
Relevant
portions of Restated Articles of Incorporation (incorporated by reference to  Exhibits
No. 3.2 and 3.3 to the registrant's Form 10-K for the year ended December 31, 1992).
4.5
Relevant
portions of Bylaws (incorporated by reference to Exhibit 3.1 to the registrant's
Form 10-Q for the quarter ended March 31, 2004).
5
Opinion
of Foley & Lardner LLP.
23.1
Consent
of Ernst & Young LLP.
23.2
Consent
of Foley & Lardner LLP (contained in Exhibit 5 hereto).
24
Power
of Attorney relating to subsequent amendments (included on the signature page to
                                  this Registration Statement).