ENTERGY CORP /DE/ — Director's Dealing 2004

Mar 15, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ENTERGY CORP /DE/ (ETR)
CIK: 0000065984
Period of Report: 2004-03-11

Reporting Person: HINTZ DONALD C (President)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2004-03-11	Equity Units	$45.70	A	3310	Acquired	2004-03-11	ETR Common (3310)	Direct
2004-03-11	Equity Units	$57.13	A	28500	Acquired	2004-03-11	ETR Common (28500)	Direct
2004-03-11	Equity Units	$57.13	D	28500	Disposed	2004-03-11	ETR Common (28500)	Direct

Footnotes

F1: Based on performance in 2003, the filing individual earned incentive income. Under the terms of the Company's Executive Annual Incentive Plan, the filing individual chose to defer 25% of his 2003 incentive income into phantom stock units purchased at 80% of the market value of Entergy Corporation common stock on 12/31/03 and held in a brokerage account. Entergy Corporation common stock closed at 57.13 on 12/31/03. On March 11, 2004, the amount of 2003 incentive income under the Executive Annual Incentive Plan was determined with finality for the filing individual, and the phantom stock units were placed in the brokerage account. The deferral period is until the earlier of January 2, 2006 or retirement from the Company.

F2: These represent restricted phantom stock units under the Company's 2001-2003 Long Term Incentive Plan. On March 11, 2004, the filing individual received a pay-out of 28,500 units and chose to defer 100% of the value of the units into a cash brokerage account. The deferral is until the earlier of January 2, 2006 or retirement from the company.