-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
 MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen
 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 Bb5TQqNKJcFapah10dxZk+EL4VzswrW6NJG3PERQBZVFInnMVFw7HHF8rP3KOstf
 1hXTEE8z4x/Rj85IwRbVfg==

<SEC-DOCUMENT>0001179110-03-003421.txt : 20030724
<SEC-HEADER>0001179110-03-003421.hdr.sgml : 20030724
<ACCEPTANCE-DATETIME>20030711183959
ACCESSION NUMBER:		0001179110-03-003421
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20030709
FILED AS OF DATE:		20030714

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			MORK STUART R
		CENTRAL INDEX KEY:			0001253809

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-08885
		FILM NUMBER:		03784433

	BUSINESS ADDRESS:	
		STREET 1:		1235 SHERWOOD ROAD
		CITY:			SAN MARINO
		STATE:			CA
		ZIP:			91108
		BUSINESS PHONE:		626 284 7355

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			NEWHALL LAND & FARMING CO /CA/
		CENTRAL INDEX KEY:			0000751976
		STANDARD INDUSTRIAL CLASSIFICATION:	LAND SUBDIVIDERS & DEVELOPERS (NO CEMETERIES) [6552]
		IRS NUMBER:				953931727
		STATE OF INCORPORATION:			CA
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		23823 VALENCIA BLVD
		CITY:			VALENCIA
		STATE:			CA
		ZIP:			91355
		BUSINESS PHONE:		6612554000

	MAIL ADDRESS:	
		STREET 2:		23823 VALENCIA BLVD
		CITY:			VALENCIA
		STATE:			CA
		ZIP:			91355
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>edgar.xml
<DESCRIPTION>FORM 4 -
<TEXT>
<XML>
<ownershipDocument>
    <schemaVersion>X0101</schemaVersion>

    <documentType>4</documentType>
<periodOfReport>2003-07-09</periodOfReport>
<notSubjectToSection16>1</notSubjectToSection16>
    <issuer>
        <issuerCik>0000751976</issuerCik>
        <issuerName>NEWHALL LAND &amp; FARMING CO /CA/</issuerName>
        <issuerTradingSymbol>NHL</issuerTradingSymbol>
</issuer>
<reportingOwner><reportingOwnerId>
            <rptOwnerCik>0001253809</rptOwnerCik>
            <rptOwnerName>MORK STUART R</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>  </rptOwnerStreet1>
            <rptOwnerStreet2>  </rptOwnerStreet2>
            <rptOwnerCity>  </rptOwnerCity>
            <rptOwnerState>  </rptOwnerState>
            <rptOwnerZipCode>  </rptOwnerZipCode>
        </reportingOwnerAddress>
            <reportingOwnerRelationship>
<isDirector>0</isDirector>
<isOfficer>0</isOfficer>
<isTenPercentOwner>0</isTenPercentOwner>
<isOther>1</isOther>
<officerTitle></officerTitle>
<otherText>Former Sr. VP &amp; CFO</otherText>
</reportingOwnerRelationship>
</reportingOwner>
<nonDerivativeSecurity><securityTitle><value>Partnership Units</value>
</securityTitle>
<transactionDate><value>2003-07-09</value>
</transactionDate>
<transactionCoding><transactionFormType>4</transactionFormType>
<transactionCode>M</transactionCode>
<equitySwapInvolved>0</equitySwapInvolved>
<footnoteId id="F1"></footnoteId>
</transactionCoding>
<transactionAmounts><transactionShares><value>12000</value>
</transactionShares>
<transactionValue><value>14.625</value>
</transactionValue>
<transactionAcquiredDisposedCode><value>A</value>
</transactionAcquiredDisposedCode>
</transactionAmounts>
<postTransactionAmounts><sharesOwnedFollowingTransaction><value>0</value>
<footnoteId id="F3"></footnoteId>
</sharesOwnedFollowingTransaction>
</postTransactionAmounts>
<ownershipNature><directOrIndirectOwnership><value>D</value>
</directOrIndirectOwnership>
</ownershipNature>
</nonDerivativeSecurity>
<nonDerivativeSecurity><securityTitle><value>Partnership Units</value>
</securityTitle>
<transactionDate><value>2003-07-09</value>
</transactionDate>
<transactionCoding><transactionFormType>4</transactionFormType>
<transactionCode>S</transactionCode>
<equitySwapInvolved>0</equitySwapInvolved>
<footnoteId id="F1"></footnoteId>
</transactionCoding>
<transactionAmounts><transactionShares><value>12000</value>
</transactionShares>
<transactionValue><value>32.45</value>
</transactionValue>
<transactionAcquiredDisposedCode><value>D</value>
</transactionAcquiredDisposedCode>
</transactionAmounts>
<postTransactionAmounts><sharesOwnedFollowingTransaction><value>25448</value>
</sharesOwnedFollowingTransaction>
</postTransactionAmounts>
<ownershipNature><directOrIndirectOwnership><value>D</value>
</directOrIndirectOwnership>
</ownershipNature>
</nonDerivativeSecurity>
<nonDerivativeSecurity><securityTitle><value>Partnership Units</value>
</securityTitle>
<transactionDate><value>2003-07-09</value>
</transactionDate>
<transactionCoding><transactionFormType>4</transactionFormType>
<transactionCode>J</transactionCode>
<equitySwapInvolved>0</equitySwapInvolved>
</transactionCoding>
<transactionAmounts><transactionShares><value>0</value>
</transactionShares>
<transactionValue><value>0</value>
</transactionValue>
<transactionAcquiredDisposedCode><value>A</value>
</transactionAcquiredDisposedCode>
</transactionAmounts>
<postTransactionAmounts><sharesOwnedFollowingTransaction><value>3135</value>
<footnoteId id="F2"></footnoteId>
</sharesOwnedFollowingTransaction>
</postTransactionAmounts>
<ownershipNature><directOrIndirectOwnership><value>D</value>
</directOrIndirectOwnership>
</ownershipNature>
</nonDerivativeSecurity>
<derivativeSecurity><securityTitle><value>Employee Stock Option (Right to Buy)</value>
</securityTitle>
<conversionOrExercisePrice><value>14.625</value>
</conversionOrExercisePrice>
<transactionDate><value>2003-07-09</value>
</transactionDate>
<transactionCoding><transactionFormType>4</transactionFormType>
<transactionCode>M</transactionCode>
<equitySwapInvolved>0</equitySwapInvolved>
</transactionCoding>
<transactionAmounts><transactionShares><value>12000</value>
</transactionShares>
<transactionValue><value>0</value>
</transactionValue>
<transactionAcquiredDisposedCode><value>D</value>
</transactionAcquiredDisposedCode>
</transactionAmounts>
<exerciseDate><value>1988-08-08</value>
<footnoteId id="F4"></footnoteId>
</exerciseDate>
<expirationDate><value>2003-07-21</value>
</expirationDate>
<underlyingSecurity><underlyingSecurityTitle><value>Partnership Units</value>
</underlyingSecurityTitle>
<underlyingSecurityShares><value>12000</value>
</underlyingSecurityShares>
</underlyingSecurity>
<postTransactionAmounts><sharesOwnedFollowingTransaction><value>0</value>
</sharesOwnedFollowingTransaction>
</postTransactionAmounts>
<ownershipNature><directOrIndirectOwnership><value>D</value>
</directOrIndirectOwnership>
</ownershipNature>
</derivativeSecurity>
<footnotes><footnote id="F1">Exempt transaction under Rule 16-b3; exercise of employee unit option.</footnote>
<footnote id="F2">Number of equivalent units in 401(k) plan account as of 2/28/03.</footnote>
<footnote id="F3">Not amount owned (blank field).</footnote>
<footnote id="F4">The option vested in four equal installments July 1994 through July 1997.</footnote>
</footnotes>
<ownerSignature><signatureName>Stuart R. Mork</signatureName>
<signatureDate>2003-07-11</signatureDate>
</ownerSignature>
</ownershipDocument>

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