FIRST HORIZON CORP — Director's Dealing 2004

Jan 27, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FIRST TENNESSEE NATIONAL CORP (FTN)
CIK: 0000036966
Period of Report: 2004-01-23

Reporting Person: MEYERROSE SARAH L (EVP, Corporate & Employee Svcs)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-01-23	Common Stock	M	4682	$21.13	Acquired	44800.352	Direct
2004-01-23	Common Stock	M	3450	$15.47	Acquired	48250.352	Direct
2004-01-23	Common Stock	M	6008	$19.92	Acquired	54258.352	Direct
2004-01-23	Common Stock	F	2158	$45.855	Disposed	52100.352	Direct
2004-01-23	Common Stock	F	1164	$45.855	Disposed	50936.352	Direct
2004-01-23	Common Stock	F	2610	$45.855	Disposed	48326.352	Direct
2004-01-23	Common Stock	S	8208	$46.06	Disposed	40118.352	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2004-01-23	Stock Options (Right to buy)	$15.47	M	3450	Disposed	2006-04-18	Common Stock (3450)	Direct
2004-01-23	Stock Options (Right to buy)	$19.92	M	6008	Disposed	2017-02-24	Common Stock (6008)	Direct
2004-01-23	Stock Options (Right to buy)	$21.13	M	4682	Disposed	2007-04-16	Common Stock (4682)	Direct
2004-01-23	Stock Options (Right to buy)	$45.855	A	1164	Acquired	2006-04-18	Common Stock (1164)	Direct
2004-01-23	Stock Options (Right to buy)	$45.855	A	2158	Acquired	2007-04-16	Common Stock (2158)	Direct
2004-01-23	Stock Options (Right to buy)	$45.855	A	2610	Acquired	2017-02-24	Common Stock (2610)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	25745	Indirect
Common Stock	400	Indirect

Footnotes

F1: End-of-period total includes adjustment reflecting exempt acquisitions under Issuer's Dividend Reinvestment Plan. Information is as of the latest available statement.

F2: End-of-period total includes adjustment reflecting exempt acquisitions under Issuer's 401(k) Plan. Information is as of the latest available statement.