LEE ENTERPRISES, Inc — Director's Dealing 2004

Nov 29, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LEE ENTERPRISES INC (LEE ENT)
CIK: 0000058361
Period of Report: 2004-11-26

Reporting Person: MOWBRAY KEVIN (Vice President/Sales&Marketing)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-11-26	Common Stock	A	250	$48.27	Acquired	12877	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
1998-11-17	Employee Stock Option (Right to Buy)	$27.19	M	175	Disposed	2008-11-16	Common Stock (700)	Direct
1999-11-10	Employee Stock Option (Right to Buy)	$29.94	A	625	Disposed	2009-11-10	Common Stock (2500)	Direct
2003-11-17	Employee Stock Option (Right to Buy)	$25.94	M	1125	Disposed	2010-11-14	Common Stock (2500)	Direct
2001-11-14	Employee Stock Option (Right to Buy)	$35.46	A	4000	Acquired	2011-11-14	Common Stock (4000)	Direct
2002-07-01	Employee Stock Option (Right to Buy)	$35.15	A	10000	Acquired	2012-07-01	Common Stock (10000)	Direct
2002-11-13	Employee Stock Option (Right to Buy)	$32.49	A	10000	Acquired	2012-11-13	Common Stock (10000)	Direct
2003-11-12	Employee Stock Option (Right to Buy)	$43.25	A	8000	Acquired	2013-11-12	Common Stock (8000)	Direct
2003-11-17	Employee Stock Option (Right to Buy)	$42.60	A	1472	Acquired	2010-11-14	Common Stock (1472)	Direct
2003-11-17	Employee Stock Option (Right to Buy)	$42.60	A	685	Acquired	2010-11-14	Common Stock (685)	Direct
2003-11-17	Employee Stock Option (Right to Buy)	$42.60	A	156	Acquired	2007-11-13	Common Stock (156)	Direct
2003-11-17	Employee Stock Option (Right to Buy)	$42.60	A	112	Acquired	2008-11-14	Common Stock (112)	Direct
2003-11-17	Employee Stock Option (Right to Buy)	$42.60	A	439	Acquired	2009-11-09	Common Stock (439)	Direct
2004-11-19	Employee Stock Option (Right to Buy)	$47.64	A	8000	Acquired	2014-11-18	Common Stock (8000)	Direct

Footnotes

F1: Options issued 10 years prior to the expiration date. These securities are exercisable as follows: 30% upon the first
anniversary date of the grant; 60% upon the second anniversary date of the grant; and 100% upon the third anniversary date of
the grant.