TEGNA INC — Director's Dealing 2004

Mar 22, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GANNETT CO INC /DE/ (GCI)
CIK: 0000039899
Period of Report: 2004-03-18

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-03-18	Common Stock	M	22560	$65.00	Acquired	26596.687	Direct
2004-03-18	Common Stock	S	260	$89.16	Disposed	26336.687	Direct
2004-03-18	Common Stock	S	300	$89.15	Disposed	26036.687	Direct
2004-03-18	Common Stock	S	2900	$89.12	Disposed	23136.687	Direct
2004-03-18	Common Stock	S	200	$89.11	Disposed	22936.687	Direct
2004-03-18	Common Stock	S	18900	$89.10	Disposed	4036.687	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2004-03-18	Employee Stock Option (right to buy)	$65.00	M	22560	Disposed	2008-12-08	Common Stock (22560)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	3181.052	Indirect

Footnotes

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

F2: The initial option for 22,560 shares vested in four equal annual installments beginning on December 8, 1999.