SEC FORM 4

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^*

BROWN OWSLEY II

(Last)

(First)

(Middle)

850 DIXIE HIGHWAY

(Street)

LOUISVILLE

40210

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
BROWN FORMAN CORP [ BFA, BFB ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	X	10% Owner
X	Officer (give title below)		Other (specify below)
	Chairman & CEO

3. Date of Earliest Transaction (Month/Day/Year)
07/01/2004

4. If Amendment, Date of 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

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class A Common⁽¹⁾	07/01/2004		G		4,655	A	$0	154,422	D
Class A Common								200,032	I	Breeze Hill Ltd Partnership
Class A Common	07/01/2004		G		4,655	D	$0	381,853	I	GRAT (Grantor Trust) '94
Class A Common								22,958	I	GRAT 12/01
Class A Common								99,964	I	Longview Ltd
Class A Common								529,610	I	Ltd Partnership Poplar Terr
Class A Common								1,992.352	I	GB Ltd Ptn
Class A Common								3,444.6	I	Partnership/Nectar
Class A Common								438,008.6	I	GANYMO Trust/Partnership
Class A Common								869,006	I	WLLB B Trust/Remainder
Class A Common								172,382	I	By Spouse
Class B Common								1,056	D
Class B Common								1,302	I	Longview Ltd Ptn
Class B Common								115.478	I	GB Ltd Ptn
Class B Common								3,300	I	Partnership/Hebe
Class B Common								924,017	I	GANYMO Trust/Partnership
Class B Common								881,381	I	WLLB B Trust/Remainder

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Non-Qualified Stock Option (right to buy)	$24.56							05/01/2000	04/30/2007	Class B Common	54,306		54,306	D
Non-Qualified Stock Option (right to buy)	$25.22							05/01/2003	04/30/2010	Class B Common	79,084		79,084	D
Non-Qualified Stock Option (right to buy)	$30.63							05/01/2001	04/30/2008	Class B Common	50,722		50,722	D
Non-Qualified Stock Option (right to buy)	$31.13							05/01/2002	04/30/2009	Class B Common	54,514		54,514	D
Non-Qualified Stock Option (right to buy)	$32.11							05/01/2005	04/30/2012	Class B Common	79,272		79,272	D
Non_Qualified Stock Option (right to buy)	$34.17							05/01/2004	04/30/2011	Class B Common	62,526		62,526	D
Non-Qualified Stock Option (right to buy)	$50							05/01/2006	08/31/2007	Class B Common	600		600	D
Non-Qualified Stock Option (right to buy)	$39.23							05/01/2006	04/30/2013	Class B Common	79,210		79,210	D

Explanation of Responses:

1. Filing of this form should not be construed as an admission that the filing person is, for purposes of Section 16 of the Securities Exchange Act of 1934, the 'beneficial owner' of any equity securities held in a limited partnership or in trust and reported on this form.

Remarks:

	Nelea A. Absher, Attn In Fact for: Owsley Brown II	07/02/2004
	** 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.