Edgar Filing: FLOW INTERNATIONAL CORP

Ownership Submission

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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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3235-0104

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(Print or Type Responses)

1. Name and Address of Reporting Person ^*

Â Third Point LLC

2. Date of Event Requiring Statement (Month/Day/Year)
03/21/2005

3. Issuer Name and Ticker or Trading Symbol
FLOW INTERNATIONAL CORP [FLOW]

(Last)

(First)

(Middle)

360 MADISON AVENUE, 24TH FLOOR,Â

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

_____ Director	__X__ 10% Owner
_____ Officer (give title below)	_____ Other (specify below)

5. If Amendment, Date Original Filed(Month/Day/Year)

(Street)

NEW YORK, NYÂ 10017

6. Individual or Joint/Group Filing(Check Applicable Line)
___ Form filed by One Reporting Person
_X_ Form filed by More than One Reporting Person

(City)

(State)

(Zip)

Table I - Non-Derivative Securities Beneficially Owned

1.Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock ⁽¹⁾	4,033,000 ⁽¹⁾ ⁽²⁾	I	See footnote ⁽²⁾

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.			SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Warrants to Purchase Common Stock ⁽¹⁾	Â ⁽³⁾	03/16/2010	Common Stock ⁽¹⁾	403,300 ⁽¹⁾ ⁽²⁾	$ 4.07	I	See footnote ⁽²⁾

Reporting Owners

Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
Third Point LLC 360 MADISON AVENUE, 24TH FLOOR NEW YORK, NYÂ 10017	Â	Â X	Â	Â
Loeb Daniel S C/O THIRD POINT LLC 360 MADISON AVENUE, 24TH FLOOR NEW YORK, NYÂ 10017	Â	Â X	Â	Â

Signatures

THIRD POINT LLC, /s/ Daniel S. Loeb, Managing Member		03/24/2005
^**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 5(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).
(1)	Pursuant to a Securities Purchase Agreement, dated as of March 21, 2005, between the Issuer and the purchasers identified therein, including certain funds (the "Funds") managed by Third Point LLC (f/k/a Third Point Management Company L.L.C.) ("Third Point"), the Issuer sold to the Funds, and the Funds purchased from the Issuer, 4,033,000 equity units of securities of the Issuer, each unit comprised of one share of common stock and a warrant to purchase one-tenth of a share of common stock.
(2)	All securities disclosed in this Form 3 are owned by the Funds. The Funds are managed by Third Point. Daniel S. Loeb is the Managing Member of Third Point. By reason of the provisions of Rule 16a-1 under the Securities Exchange Act of 1934, as amended, Third Point and Mr. Loeb may be deemed to be the beneficial owners of the securities beneficially owned by the Funds. Third Point and Mr. Loeb each disclaim beneficial ownership of all such securities, except to the extent of any indirect pecuniary interest therein.
(3)	Immediately.

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