Archer-Daniels-Midland Co — Director's Dealing 2003

Aug 29, 2003

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ARCHER DANIELS MIDLAND CO (ADM)
CIK: 0000007084
Period of Report: 2003-08-28

Reporting Person: RICE JOHN D (Senior Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2003-08-28	Common Stock	M	11365	$11.96	Acquired	85380	Direct
2003-08-28	Common Stock	F	10000	$13.595	Disposed	75380	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2003-08-28	Employee Stock Option	$11.96	M	11365	Disposed	2004-10-05	Common Stock (11365)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	37334.93	Indirect

Footnotes

F1: Between October 29, 2002 and August 28, 2003, the reporting person acquired 2,599 shares of Common Stock pursuant to employee benefit plans of the Company. The information in this report is based on a plan statement dated August 28, 2003.

F2: Granted pursuant to the Company's 1991 Incentive Stock Option Plan. The option becomes exercisable in approximately 11.1% increments annually commencing on October 5, 1995.