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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 IzAcpwroP0xJIuXa4NksuwDDWVYLvWxbyyXC8wcqbuvQ4G6CNPip16KAj52ShMJc
 dU52DEx4/aIgYw+htr0BKA==

<SEC-DOCUMENT>0001181431-03-035076.txt : 20031211
<SEC-HEADER>0001181431-03-035076.hdr.sgml : 20031211
<ACCEPTANCE-DATETIME>20031211084114
ACCESSION NUMBER:		0001181431-03-035076
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20031210
FILED AS OF DATE:		20031211

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			GOLDEN CHARLES E
		CENTRAL INDEX KEY:			0001193816

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-06651
		FILM NUMBER:		031048487

	BUSINESS ADDRESS:	
		STREET 1:		700 STATE ROUTE 46E
		CITY:			BATESVILLE
		STATE:			IN
		ZIP:			47006

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			HILLENBRAND INDUSTRIES INC
		CENTRAL INDEX KEY:			0000047518
		STANDARD INDUSTRIAL CLASSIFICATION:	MISCELLANEOUS FURNITURE & FIXTURES [2590]
		IRS NUMBER:				351160484
		STATE OF INCORPORATION:			IN
		FISCAL YEAR END:			0930

	BUSINESS ADDRESS:	
		STREET 1:		700 STATE ROUTE 46 E
		CITY:			BATESVILLE
		STATE:			IN
		ZIP:			47006-8835
		BUSINESS PHONE:		8129347000
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>rrd24508.xml
<DESCRIPTION>DECEMBER 2003 BOARD FEES
<TEXT>
<XML>
<?xml version="1.0"?><ownershipDocument>
    <schemaVersion>X0201</schemaVersion>

    <documentType>4</documentType><periodOfReport>2003-12-10</periodOfReport><notSubjectToSection16>0</notSubjectToSection16>
    <issuer>
        <issuerCik>0000047518</issuerCik>
        <issuerName>HILLENBRAND INDUSTRIES INC</issuerName>
        <issuerTradingSymbol>HB</issuerTradingSymbol></issuer><reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001193816</rptOwnerCik>
            <rptOwnerName>GOLDEN CHARLES E</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>LILLY CORPORATE CENTER</rptOwnerStreet1>
            <rptOwnerStreet2>DROPE CODE 1201</rptOwnerStreet2>
            <rptOwnerCity>INDIANAPOLIS</rptOwnerCity>
            <rptOwnerState></rptOwnerState>
            <rptOwnerZipCode>46285</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
            <reportingOwnerRelationship>
<isDirector>1</isDirector><isOfficer>0</isOfficer><isTenPercentOwner>0</isTenPercentOwner><isOther>0</isOther></reportingOwnerRelationship></reportingOwner><derivativeTable><derivativeTransaction><securityTitle><value>Common Stock</value></securityTitle><conversionOrExercisePrice><value>0</value><footnoteId id="F1"/></conversionOrExercisePrice><transactionDate><value>2003-12-10</value></transactionDate><transactionCoding><transactionFormType>4</transactionFormType><transactionCode>A</transactionCode><equitySwapInvolved>0</equitySwapInvolved><footnoteId id="F2"/></transactionCoding><transactionAmounts><transactionShares><value>130</value></transactionShares><transactionPricePerShare><value>57.725</value></transactionPricePerShare><transactionAcquiredDisposedCode><value>A</value></transactionAcquiredDisposedCode></transactionAmounts><exerciseDate><value>2004-01-02</value><footnoteId id="F3"/></exerciseDate><expirationDate><value>2004-01-02</value><footnoteId id="F3"/></expirationDate><underlyingSecurity><under
lyingSecurityTitle><value>Common Stock</value></underlyingSecurityTitle><underlyingSecurityShares><value>130</value></underlyingSecurityShares></underlyingSecurity><postTransactionAmounts><sharesOwnedFollowingTransaction><value>569</value></sharesOwnedFollowingTransaction></postTransactionAmounts><ownershipNature><directOrIndirectOwnership><value>D</value></directOrIndirectOwnership></ownershipNature></derivativeTransaction></derivativeTable><footnotes><footnote id="F1">Conversion or Exercise Price of Derivative Security is 1-for-1.</footnote><footnote id="F2">These phantom stock units were accrued through deferral of board of directors fees earned.  These phantom stock units are entitled to dividend investment equivalents.</footnote><footnote id="F3">All of these phantom stock units will automatically be converted into shares of common stock on 1/2/04 unless an additional deferral election is made.</footnote></footnotes><ownerSignature><signatureName>Charles E. Golden</signatureName><signatureDate>2003-12-1
1</signatureDate></ownerSignature></ownershipDocument>



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</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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