This is the SACE Honour Roll, listing every award, merit or prize won by South Australian SACE students in 2004, along with their school and subject details.
The report also includes significant Australian national awards and prizes such as the Australian Student Prize.
| 704 | Mantel, Sarah Anne | SA | Merit | Geography Studies | |
| 705 | Manto, Michael | SA | Merit | Media Production and Analysis | |
| 706 | Marcus, James Edward | SA | Merit | English Studies | |
| 707 | Markow, Kylie Nicole | SA | Merit | Nutrition | |
| 708 | Marsh, William | SA | Merit | English Studies | |
| 709 | Marshall, Erica Morgan | SA | Merit | Agricultural and Horticultural Science | |
| 710 | Martin, Hannah Rae | SA | Merit | Geology | |
| 711 | Martin, James Michael | SA | Merit | Design Practical | |
| 712 | Martin, Kate Elizabeth | SA | Merit | Drama | |
| 713 | Martin, Nicholas | SA | Merit | English Studies | |
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| 714 | Mason, Robyn Lorraine | SA | Merit | Desktop Publishing | |
| 715 | Mason, Sarah Jane | SA | Merit | Art Practical | |
| 716 | Matricciani, Nancy | SA | Merit | Desktop Publishing | |
| 717 | Matricciani, Nancy | SA | Merit | Personal Documents | |
| 718 | Matsunaga, Kaoru | SA | Merit | Japanese (Continuers) | |
| 719 | Matthews, Elise Adele | SA | Merit | Business Documents | |
| 720 | Matthews, Elise Adele | SA | Merit | Personal Documents | |
| 721 | Matthews, Jessica Elaine | SA | Merit | The Arts and the Community | |
| 722 | Matthews, Natalie | SA | Merit | Economics | |
| 723 | Mattiske, Hayden | SA | Merit | Vocational Studies A | |
| 724 | Maxwell, Cameron | SA | Merit | Physical Education | |
| 725 | Maywald, Clarissa Jade | SA | Merit | Legal Studies | |
| 726 | McCallum, Emilie Charlotte | SA | Merit | Aboriginal Studies | |
| 727 | McCallum, Emilie Charlotte | SA | Merit | Electronic Publishing | |
| 728 | McCallum, Emilie Charlotte | SA | Merit | Studies of Societies | |
| 729 | McCallum, Kirsty Marie | SA | Merit | Studies of Societies | |
| 730 | McClaren, Malachi | SA | Merit | Vocational Studies A | |
| 731 | McClaren, Malachi | SA | Merit | Vocational Studies B | |
| 732 | McCusker, Robert Edwin | SA | Merit | Physical Education | |
| 733 | McGuigan, Laura Elizabeth | SA | Merit | Classical Studies | |
| 734 | McGuigan, Laura Elizabeth | SA | Merit | English Studies | |
| 735 | McGuiness, Lauren Kylie | SA | Merit | Mathematical Applications | |
| 736 | McGuire, Rachel | SA | Merit | Business Documents | |
| 737 | McLaughlin, Samuel Andrew | SA | Merit | Economics | |
| 738 | McLean, Micaela | SA | Merit | English Studies | |
| 739 | McMahon, Kai | SA | Merit | Japanese (Continuers) | |
| 740 | McMahon, Ren | SA | Merit | Japanese (Continuers) | |
| 741 | McNaughton, Steven Matthew | SA | Merit | English Communications | |
| 742 | Meister, David | SA | Merit | Physics | |
| 743 | Mellor, Clementine Sophie Rose | SA | Merit | Dance Studies | |
| 744 | Mellows, Benjamin John | SA | Merit | Drama Studies | |
| 745 | Menz, Nicole Jane | SA | Merit | Mathematical Applications | |
| 746 | Merritt, Jade | SA | Merit | Chemistry | |
| 747 | Merritt, Jade | SA | Merit | Visual Arts Studies | |
| 748 | Meyer, Katherine Ann | SA | Merit | English Communications | |
| 749 | Mi, Susan | SA | Merit | Chinese (Continuers) | |
| 750 | Miceli, Steven | SA | Merit | Performance Special Study | |
| 751 | Miceli, Steven | SA | Merit | Solo Performance | |
| 752 | Miller, Warrick Alan | SA | Merit | Physics | |
| 753 | Millevoi, Fuchsia Lucy | SA | Merit | Australian History | |