EMERSON ELECTRIC CO — Director's Dealing 2003

Dec 22, 2003

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: EMERSON ELECTRIC CO (EMR)
CIK: 0000032604
Period of Report: 2003-12-15

Reporting Person: FARR DAVID N (Director, Chief Executive Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2003-12-15	Common Stock	G	2400	—	Disposed	31878	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	257086	Direct
Common Stock	884	Indirect
Common Stock	884	Indirect
Common Stock	2404	Indirect
Common Stock	3033	Indirect

Footnotes

F1: Bona fide gift by the Reporting Person's spouse to the Emerson Directors' and Officers' Charitable Trust.

F2: Price is not applicable to acquisitions or dispositions resulting from bona fide gifts.