MASCO CORP /DE/ — Director's Dealing 2004

Oct 4, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MASCO CORP /DE/ (MAS)
CIK: 0000062996
Period of Report: 2004-09-30

Reporting Person: BAUDER LILLIAN (V.P.-Corporate Affairs)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-09-30	Common Stock	M	20000	$17.9375	Acquired	121032	Direct
2004-09-30	Common Stock	F	10551	$34.00	Disposed	110481	Direct
2004-09-30	Common Stock	M	20000	$17.9375	Acquired	130481	Direct
2004-09-30	Common Stock	F	10551	$34.00	Disposed	119930	Direct
2004-09-30	Common Stock	F	5718	$34.00	Disposed	114212	Direct
2004-09-30	Common Stock	S	12600	$34.00	Disposed	101612	Direct
2004-09-30	Common Stock	S	380	$34.08	Disposed	101232	Direct
2004-09-30	Common Stock	S	200	$34.10	Disposed	101032	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
1996-12-10	Employee Stock Option	$17.9375	M	20000	Disposed	2006-12-11	Common Stock (20000)	Direct
2004-09-30	Employee Restoration Stock Option	$34.00	A	10551	Acquired	2006-12-11	Common Stock (10551)	Direct
1996-12-10	Employee Stock Option	$17.9375	M	20000	Disposed	2006-12-11	Common Stock (20000)	Direct
2004-09-30	Employee Restoration Stock Option	$34.00	A	10551	Acquired	2006-12-11	Common Stock (10551)	Direct

Footnotes

F1: Shares used to satisfy tax withholding obligation.

F2: This option was exercisable in cumulative annual installments of 8,000 shares on December 10, 1998 through 2003, with the balance exercisable on December 10, 2004.

F3: Grant of option under Masco Corporation 1991 Long Term Stock Incentive Plan, in transactions exempt under Rule 16 b-3.