TEGNA INC — Director's Dealing 2004

Jan 7, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GANNETT CO INC /DE/ (GCI)
CIK: 0000039899
Period of Report: 2004-01-05

Reporting Person: MARTORE GRACIA C (Sr. VP and CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-01-05	Common Stock	M	6100	$59.50	Acquired	9073	Direct
2004-01-05	Common Stock	M	5250	$56.25	Acquired	14323	Direct
2004-01-05	Common Stock	M	10500	$54.31	Acquired	24823	Direct
2004-01-05	Common Stock	S	21850	$89.75	Disposed	2973	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2004-01-05	Employee Stock Option (right-to-buy)	$59.50	M	6100	Disposed	2007-12-09	Common Stock (6100)	Direct
2004-01-05	Employee Stock Option (right-to-buy)	$56.25	M	5250	Disposed	2010-07-24	Common Stock (5250)	Direct
2004-01-05	Employee Stock Option (right-to-buy)	$54.31	M	10500	Disposed	2010-12-05	Common Stock (10500)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1013.739	Indirect

Footnotes

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

F2: The initial option for 6,100 shares vested in four equal annual installments beginning on December 9, 1998.

F3: The initial option for 7,000 shares vests in four equal annual installments beginning on July 24, 2001.

F4: The initial option for 14,000 shares vests in four equal annual installments beginning on December 5, 2001.