BRUNSWICK CORP — Director's Dealing 2004

Mar 16, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BRUNSWICK CORP (BC)
CIK: 0000014930
Period of Report: 2004-03-12

Reporting Person: ZELISKO JUDITH P (VICE PRESIDENT TAX)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-03-12	Common Stock	M	2500	$18.875	Acquired	27239	Direct
2004-03-12	Common Stock	S	2500	$39.98	Disposed	24739	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2004-03-12	Non-Qualified Stock Option (right to buy)	$18.875	M	2500	Disposed	2005-01-03	Common Stock (2500)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	602	Indirect
Common Stock	1404	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: Currently all shares are exercisable.