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: SCHMIDT CARL G (Officer, Vice Pres.,CFO&Treas.)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-11-19	Common Stock	A	4100	$47.64	Acquired	20401	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2004-05-03	Employee Stock Option (Right to Buy)	$31.06	M	20000	Disposed	2011-05-01	Common Stock (20000)	Direct
2001-11-14	Employee Stock Option (Right to Buy)	$35.46	A	20000	Acquired	2011-11-14	Common Stock (20000)	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	12000	Acquired	2013-11-12	Common Stock (12000)	Direct
2004-05-03	Employee Stock Option (Right to Buy)	$47.18	A	2400	Acquired	2011-04-30	Common Stock (2400)	Direct
2004-11-19	Employee Stock Option (Right to Buy)	$47.64	A	12000	Acquired	2014-11-18	Common Stock (12000)	Direct

Footnotes

F1: 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.