FIRST HORIZON CORP — Director's Dealing 2005

Feb 7, 2005

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FIRST HORIZON NATIONAL CORP (FHN)
CIK: 0000036966
Period of Report: 2005-02-04

Reporting Person: HILLIARD HERBERT H (EVP, Risk Management)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2005-02-04	Common Stock	M	5370	$30.48	Acquired	25235.449	Direct
2005-02-04	Common Stock	M	2862	$21.13	Acquired	28097.449	Direct
2005-02-04	Common Stock	M	1307	$28.63	Acquired	29404.449	Direct
2005-02-04	Common Stock	S	9539	$43.45	Disposed	19865.449	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2005-02-04	Stock Options (Right to buy)	$21.13	M	2862	Disposed	2007-04-16	Common Stock (2862)	Direct
2005-02-04	Stock Options (Right to buy)	$28.63	M	1307	Disposed	2009-10-19	Common Stock (1307)	Direct
2005-02-04	Stock Options (Right to buy)	$30.48	M	5370	Disposed	2011-02-23	Common Stock (5370)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	49631	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.