LEE ENTERPRISES, Inc — Director's Dealing 2004

Nov 22, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LEE ENTERPRISES INC (LEE ENT)
CIK: 0000058361
Period of Report: 2004-11-19

Reporting Person: VEON GREG (Vice President - Publishing)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-11-19	Common Stock	A	3800	$47.64	Acquired	43114	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2004-04-23	Employee Stock Option (Right to Buy)	$21.50	M	1875	Disposed	2006-10-28	Common Stock (7500)	Direct
1997-11-03	Employee Stock Option (Right to Buy)	$26.6250	A	8000	Acquired	2007-11-03	Common Stock (8000)	Direct
1998-11-15	Employee Stock Option (Right to Buy)	$27.188	A	7000	Acquired	2008-11-15	Common Stock (7000)	Direct
1999-11-09	Employee Stock Option (Right to Buy)	$29.938	A	15000	Acquired	2009-11-09	Common Stock (15000)	Direct
2000-11-13	Employee Stock Option (Right to Buy)	$25.938	M	20000	Acquired	2010-11-13	Common Stock (20000)	Direct
2004-04-23	Employee Stock Option (Right to Buy)	$33.68	M	3530	Disposed	2005-11-07	Common Stock (3530)	Direct
2004-04-23	Employee Stock Option (Right to Buy)	$33.68	M	656	Disposed	2005-11-07	Common Stock (656)	Direct
2001-11-14	Employee Stock Option (Right to Buy)	$35.46	A	20000	Acquired	2011-11-14	Common Stock (20000)	Direct
2004-10-18	Employee Stock Option (Right to Buy)	$39.25	M	1730	Disposed	2004-10-31	Common Stock (1730)	Direct
2002-11-13	Employee Stock Option (Right to Buy)	$32.49	A	20000	Acquired	2012-11-13	Common Stock (20000)	Direct
2003-11-12	Employee Stock Option (Right to Buy)	$43.25	A	11000	Acquired	2013-11-12	Common Stock (11000)	Direct
2004-04-23	Employee Stock Option (Right to Buy)	$47.42	A	850	Acquired	2006-10-27	Common Stock (850)	Direct
2004-11-19	Employee Stock Option (Right to Buy)	$47.64	A	11000	Acquired	2014-11-18	Common Stock (11000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	200	Indirect
Common Stock	200	Indirect
Class B Common Stock	5804	Direct

Footnotes

F1: The Reporting Person is the beneficial owner of such securities, and this report not be deemed an admission that the
Reporting Person is the beneficial owner of such securities for purposes of Section 16 or any other purpose.

F2: 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.