Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
PHELPS MICHAEL E
  2. Issuer Name and Ticker or Trading Symbol
LEE ENTERPRISES INC [LEE ENT]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Officer
(Last)
(First)
(Middle)
LEE ENTERPRISES INCORPORATED, 201 N HARRISON STREET
3. Date of Earliest Transaction (Month/Day/Year)
11/15/2004
(Street)

DAVENPORT, IA 52801
4. If Amendment, Date Original Filed(Month/Day/Year)
6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 11/15/2004   F   519 D $ 47.63 10,231 (1) D  

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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(Month/Day/Year)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Option (Right to Buy) $ 25.938 11/14/2003   M     7,500 11/14/2001(2) 11/14/2010 Common Stock 10,000 $ 0 2,500 D  
Employee Stock Option (Right to Buy) $ 35.46 11/14/2001   A   15,000   11/14/2002(2) 11/14/2011 Common Stock 15,000 $ 0 15,000 D  
Employee Stock Option (Right to Buy) $ 32.49 11/13/2002   A   15,000   11/13/2003(2) 11/13/2012 Common Stock 15,000 $ 0 15,000 D  
Employee Stock Option (Right to Buy) $ 43.25 11/12/2003   A   9,000   11/12/2004(2) 11/12/2013 Common Stock 9,000 $ 0 9,000 D  
Employee Stock Option (Right to Buy) $ 42.88 11/14/2003   A   396   11/13/2004 03/06/2010 Common Stock 396 $ 0 396 D  
Employee Stock Option (Right to Buy) $ 42.88 11/14/2003   A   1,512   11/13/2004 11/13/2010 Common Stock 1,512 $ 0 1,512 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
PHELPS MICHAEL E
LEE ENTERPRISES INCORPORATED
201 N HARRISON STREET
DAVENPORT, IA 52801
      Officer  

Signatures

 Edmund H. Carroll, Lmtd. POA, Attorney-in-Fact   11/17/2004
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) Includes 351 shares acquired under the Issuer's ESPP through payroll deduction and dividend reinvestment, since the filing of Reporting Person's last Form 4.
(2) These securities are exercisable as follows: 30% upon the first anniversary date of the grant; 60% upon the second anniversary date of the grant; and 100% upon the third anniversary date of the grant.

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