TEGNA INC — Director's Dealing 2003

Dec 2, 2003

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GANNETT CO INC /DE/ (GCI)
CIK: 0000039899
Period of Report: 2003-12-01

Reporting Person: EHRMAN DANIEL S JR (VP/Planning and Development)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2003-12-01	Common Stock	M	10040	$37.375	Acquired	15990	Direct
2003-12-01	Common Stock	S	10040	$87.75	Disposed	5950	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2003-12-01	Employee Stock Option (right to buy)	$37.375	M	10040	Disposed	2006-12-10	Common Stock (10040)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1010.801	Indirect

Footnotes

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

F2: The option for 10,040 shares vested in four equal annual installments beginning on December 10, 1997.