ESTEE LAUDER COMPANIES INC — Director's Dealing 2011

Jun 6, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ESTEE LAUDER COMPANIES INC (EL)
CIK: 0001001250
Period of Report: 2011-06-02

Reporting Person: LAUDER LEONARD A (Director, Chairman Emeritus, 10% Owner)
Reporting Person: LAUDER EVELYN H (Senior Corporate Vice Presiden)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-06-02	Class A Common Stock	G	500000	—	Disposed	1800669	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	350000	Indirect

Footnotes

F1: On June 2, 2011, the Reportign Person made a gift of 500,000 shares of Class A Common Stock

F2: Owned by LAL directly. Owned by EHL indirectly, through LAL.

F3: EHL disclaims beneficial ownership of securities owned by her husband, LAL.

F4: Owned by EHL directly. Owned by LAL indirectly, through EHL.

F5: LAL disclaims beneficial ownership of securities owned by his wife, EHL.