TEGNA INC — Director's Dealing 2003

Nov 25, 2003

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GANNETT CO INC /DE/ (GCI)
CIK: 0000039899
Period of Report: 2003-11-24

Reporting Person: GAVAGAN GEORGE R (Vice President and Controller)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2003-11-24	Common Stock	M	9360	$37.375	Acquired	11346	Direct
2003-11-24	Common Stock	S	9360	$86.00	Disposed	1986	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2003-11-24	Employee Stock Option (right to buy)	$37.375	M	9360	Disposed	2006-12-10	Common Stock (9360)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	994.578	Indirect

Footnotes

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

F2: The option for 9,360 shares vested in four equal annual installments beginning on December 10, 1997.