BRUNSWICK CORP — Director's Dealing 2003

Oct 29, 2003

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BRUNSWICK CORP (BC)
CIK: 0000014930
Period of Report: 2003-10-28

Reporting Person: LOCKRIDGE BILLY RUSSELL (VP & CHIEF HUMAN RES OFFICER)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2003-10-28	Common Stock	M	15000	$18.875	Acquired	54170	Direct
2003-10-28	Common Stock	S	15000	$29	Disposed	39170	Direct
2003-10-28	Common Stock	M	25000	$19.92	Acquired	64170	Direct
2003-10-28	Common Stock	S	25000	$29	Disposed	39170	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2003-10-28	Non-Qualified Stock Option (right to buy)	$18.875	M	15000	Disposed	2010-07-26	Common Stock (15000)	Direct
2003-10-28	Non-Qualified Stock Option (right to buy)	$19.92	M	25000	Disposed	2011-02-06	Common Stock (25000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	63	Indirect

Footnotes

F1: Employee Stock Option granted under the 1991 Stock Plan with right to have shares withheld or to deliver previously acquired shares to pay income taxes on exercise of option.

F2: One-fourth of the total shares granted may be exercised on each of the first, second, third, and fourth anniversaries following grant date.