SEC Form 4

FORM 4		UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940	OMB APPROVAL OMB Number: 3235-0287 Estimated average burden hours per response: 0.5
	Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person* 1992 LEONARD A LAUDER GRANTOR RETAINED ANNUITY TRUST (Last) (First) (Middle) c/o The Estee Lauder Companies Inc. 767 Fifth Avenue (Street) New York NY 10153 (City) (State) (Zip)	2. Issuer Name and Ticker or Trading Symbol ESTEE LAUDER COMPANIES INC [ EL ]	5. Relationship of Reporting Person(s) to Issuer (Check all applicable) Director X 10% Owner Officer (give title below) X Other (specify below) Trust with Insider Trustee
	3. Date of Earliest Transaction (Month/Day/Year) 10/16/2003
	4. If Amendment, Date of Original Filed (Month/Day/Year)	6. Individual or Joint/Group Filing (Check Applicable Line) Form filed by One Reporting Person X Form filed by More than One Reporting Person

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
Class A Common Stock	10/16/2003		G(2)		2,136,882	D	(2)	0(1)	D
Class A Common Stock	10/16/2003		G(2)		1,068,441	A	(2)	1,068,441	D	By 1992 GRAT Remainder Trust f/b/o WPL
Class A Common Stock	10/16/2003		G(2)		1,068,441	A	(2)	1,068,441	D	By 1992 GRAT Remainder Trust f/b/o GML

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 Securities Underlying Derivative Security (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: 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
Class B Common Stock	(3)	10/16/2003		G(2)			3,829,216	(3)	(3)	Class A Common Stock	3,829,216	(4)	0(1)	D
Class B Common Stock	(3)	10/16/2003		G(2)		1,914,608		(3)	(3)	Class A Common Stock	1,914,608	(4)	1,914,608	D	By 1992 GRAT Remainder Trust f/b/o WPL
Class B Common Stock	(3)	10/16/2003		G(2)		1,914,608		(3)	(3)	Class A Common Stock	1,914,608	(4)	1,914,608	D	By 1992 GRAT Remainder Trust f/b/o GML

1. Name and Address of Reporting Person* 1992 LEONARD A LAUDER GRANTOR RETAINED ANNUITY TRUST (Last) (First) (Middle) c/o The Estee Lauder Companies Inc. 767 Fifth Avenue (Street) New York NY 10153 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) X Other (specify below) Trust with Insider Trustee

1. Name and Address of Reporting Person* LAUDER EVELYN H (Last) (First) (Middle) The Estee Lauder Companies Inc. 767 Fifth Avenue (Street) New York NY 10153 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director 10% Owner X Officer (give title below) Other (specify below) Sr. Corporate Vice President

1. Name and Address of Reporting Person* LAUDER GARY M (Last) (First) (Middle) ICTV Inc. 14600 Winchester Blvd. (Street) Los Gatos CA 95030 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* LAUDER WILLILAM P (Last) (First) (Middle) The Estee Lauder Companies Inc. 767 Fifth Avenue (Street) New York NY 10153 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer X Director X 10% Owner X Officer (give title below) Other (specify below) Chief Operating Officer

1. Name and Address of Reporting Person* LAUDER LEONARD A (Last) (First) (Middle) THE ESTEE LAUDER COMPANIES INC. 767 FIFTH AVENUE (Street) NEW YORK NY 10153 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer X Director X 10% Owner X Officer (give title below) Other (specify below) Chairman

Explanation of Responses:

1. The 1992 Leonard A. Lauder Grantor Retained Annuity Trust is no longer subject to Section 16.

2. See Exhibit 99.1

3. Shares of Class B Common Stock may be converted immediately on a one-for-one basis by the holder and are automatically converted into Class A Common Stock on a one-for-one basis upon transfer to a person or entity that is not a "Permitted Transferee" or soon after a record date for a meeting of stockholders where the oustanding Class B Common Stock constitutes less than 10% of the outstanding shares of Common Stock of the Issuer.

4. Not applicable.

Remarks:

	WIlliam P. Lauder, Trustee, by Spencer G. Smul, Attorny-in-fact	10/16/2003
	Evelyn H. Lauder, by Spencer G. Smul, Attorney-in-fact	10/16/2003
	Gary M. Lauder, by Spencer G. Smul, Attorney-in-fact	10/16/2003
	William P. Lauder, by Spencer G. Smul, Attorney-in-fact	10/16/2003
	Leonard A. Lauder, by Spencer G. Smul, Attorney-in-fact	10/16/2003
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* 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).
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