LEE ENTERPRISES, Inc — Director's Dealing 2004

May 11, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: LEE ENTERPRISES INC (LEE ENT)
CIK: 0000058361
Period of Report: 2004-05-07

Reporting Person: KURAITIS VYTENIS P (Vice President/Human Resources)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-05-07	Common Stock	M	5400	$35.46	Acquired	20225	Direct
2004-05-07	Common Stock	M	2700	$32.49	Acquired	22925	Direct
2004-05-07	Common Stock	S	500	$47.28	Disposed	22425	Direct
2004-05-07	Common Stock	S	2500	$47.25	Disposed	19925	Direct
2004-05-07	Common Stock	S	100	$47.18	Disposed	19825	Direct
2004-05-07	Common Stock	S	2000	$47.12	Disposed	17825	Direct
2004-05-07	Common Stock	S	800	$47.11	Disposed	17025	Direct
2004-05-07	Common Stock	S	300	$47.10	Disposed	16725	Direct
2004-05-07	Common Stock	S	800	$47.08	Disposed	15925	Direct
2004-05-07	Common Stock	S	500	$47.07	Disposed	15425	Direct
2004-05-07	Common Stock	S	100	$47.06	Disposed	15325	Direct
2004-05-07	Common Stock	S	500	$47.05	Disposed	14825	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2004-05-07	Employee Stock Option (Right to Buy)	$35.460	M	5400	Disposed	2011-11-14	Common Stock (12000)	Direct
2004-05-07	Employee Stock Option (Right to Buy)	$32.490	M	2700	Disposed	2012-11-13	Common Stock (12000)	Direct
2003-07-24	Employee Stock Option (Right to Buy)	$37.18	A	67	Acquired	2004-11-01	Common Stock (67)	Direct
2003-07-24	Employee Stock Option (Right to Buy)	$37.18	A	106	Acquired	2005-11-08	Common Stock (106)	Direct
2003-11-12	Employee Stock Option (Right to Buy)	$43.25	A	7000	Acquired	2013-11-12	Common Stock (7000)	Direct
2003-11-21	Employee Stock Option (Right to Buy)	$42.56	A	116	Acquired	2005-11-06	Common Stock (116)	Direct
2003-11-21	Employee Stock Option (Right to Buy)	$42.56	A	158	Acquired	2006-10-27	Common Stock (158)	Direct
2003-11-21	Employee Stock Option (Right to Buy)	$42.56	A	938	Acquired	2007-11-04	Common Stock (938)	Direct
2003-11-21	Employee Stock Option (Right to Buy)	$42.56	A	719	Acquired	2008-11-15	Common Stock (719)	Direct
2003-11-21	Employee Stock Option (Right to Buy)	$42.56	A	1319	Acquired	2009-11-09	Common Stock (1319)	Direct
2003-11-21	Employee Stock Option (Right to Buy)	$42.56	A	1143	Acquired	2010-11-14	Common Stock (1143)	Direct

Footnotes

F1: Includes 4,737 shares of common stock acquired through Issuer's ESPP through payroll deduction and dividend reinvestment.

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.