TEGNA INC — Director's Dealing 2004

Oct 27, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GANNETT CO INC /DE/ (GCI)
CIK: 0000039899
Period of Report: 2004-10-25

Reporting Person: DUBOW CRAIG A (Pres, CEO-Gannett Broadcasting)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-10-25	Common Stock	M	2932	$59.50	Acquired	6968.687	Direct
2004-10-25	Common Stock	F	2932	$80.20	Disposed	4036.687	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2004-10-25	Employee Stock Option (right to buy)	$59.50	M	3952	Disposed	2007-12-09	Common Stock (3952)	Direct
2004-10-25	Phantom Stock	$	M	1020	Acquired		Common Stock (1020)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	3457.769	Indirect

Footnotes

F1: The initial option for 15,600 shares vested in four equal annual installments beginning on December 9, 1998.

F2: These shares of phantom stock convert to common stock on a one-for-one basis.

F3: These shares of phantom stock are payable on various dates selected by the reporting person or as otherwise provided in the issuer's Deferred Compensation Plan.