TEGNA INC — Director's Dealing 2003

Dec 17, 2003

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GANNETT CO INC /DE/ (GCI)
CIK: 0000039899
Period of Report: 2003-12-16

Reporting Person: MOON CRAIG (Pres./Publisher of USA Today)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2003-12-16	Common Stock	M	10125	$56.25	Acquired	11066	Direct
2003-12-16	Common Stock	M	12375	$54.31	Acquired	23441	Direct
2003-12-16	Common Stock	S	22100	$88.00	Disposed	1341	Direct
2003-12-16	Common Stock	S	400	$88.02	Disposed	941	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2003-12-16	Employee Stock Option (right to buy)	$56.25	M	10125	Disposed	2010-07-24	Common Stock (10125)	Direct
2003-12-16	Employee Stock Option (right to buy)	$54.31	M	12375	Disposed	2010-12-05	Common Stock (12375)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	3131.241	Indirect

Footnotes

F1: The information in this report is based on a plan statement dated as of September 26, 2003.

F2: The option vests in four equal annual installments beginning on July 24, 2001.

F3: The option vests in four equal annual installments beginning on December 5, 2001.