MASCO CORP /DE/ — Director's Dealing 2003

Oct 31, 2003

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MASCO CORP /DE/ (MAS)
CIK: 0000062996
Period of Report: 2003-10-29

Reporting Person: WADHAMS TIMOTHY (V.P. & CFO)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2003-10-29	Employee Stock Option	$27.50	A	75000	Acquired	2013-10-29	Common Stock (75000)	Direct

Footnotes

F1: The foregoing option is exercisable in annual installments 20% one year from the date of grant and 20% annually thereafter for 4 years.

F2: Grant of option under Masco Corporation's 1991 Long Term Stock Incentive Plan, in transactions exempt under Rule 16b-3.