-----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,
 Fj3VuVTT1Q+vlazVUhUweO4UZ1tltaOBIIzRJWzVXorO1YnqMXzvyog7My+EX8uB
 dizAqNDSlgLDwTkj/B46EQ==

<SEC-DOCUMENT>0001179110-03-012261.txt : 20031210
<SEC-HEADER>0001179110-03-012261.hdr.sgml : 20031210
<ACCEPTANCE-DATETIME>20031210192608
ACCESSION NUMBER:		0001179110-03-012261
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20031208
FILED AS OF DATE:		20031210

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

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			PISTONE ROSS J
		CENTRAL INDEX KEY:			0001240295

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-08885
		FILM NUMBER:		031048277

	BUSINESS ADDRESS:	
		STREET 1:		NEWHALL LAND & FARMING CO
		STREET 2:		23823 VALENCIA BLVD
		CITY:			VALENCIA
		STATE:			CA
		ZIP:			91355
		BUSINESS PHONE:		6612554000

	MAIL ADDRESS:	
		STREET 1:		NEWHALL LAND & FARMING CO
		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>X0201</schemaVersion>

    <documentType>4</documentType>
<periodOfReport>2003-12-08</periodOfReport>
<notSubjectToSection16>0</notSubjectToSection16>
    <issuer>
        <issuerCik>0000751976</issuerCik>
        <issuerName>NEWHALL LAND &amp; FARMING CO /CA/</issuerName>
        <issuerTradingSymbol>NHL</issuerTradingSymbol>
</issuer>
<reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001240295</rptOwnerCik>
            <rptOwnerName>PISTONE ROSS J</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>23823 VALENCIA BLVD.</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>VALENCIA</rptOwnerCity>
            <rptOwnerState>CA</rptOwnerState>
            <rptOwnerZipCode>91355</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
            <reportingOwnerRelationship>
<isDirector>0</isDirector>
<isOfficer>1</isOfficer>
<isTenPercentOwner>0</isTenPercentOwner>
<isOther>0</isOther>
<officerTitle>Vice President - Operations</officerTitle>
<otherText></otherText>
</reportingOwnerRelationship>
</reportingOwner>
<nonDerivativeTable><nonDerivativeTransaction><securityTitle><value>Partnership Units</value>
</securityTitle>
<transactionDate><value>1988-08-08</value>
</transactionDate>
<transactionCoding><transactionFormType>4</transactionFormType>
<transactionCode>J</transactionCode>
<equitySwapInvolved>0</equitySwapInvolved>
<footnoteId id="F3"></footnoteId>
</transactionCoding>
<transactionAmounts><transactionShares><value>0</value>
</transactionShares>
<transactionPricePerShare><value>0</value>
</transactionPricePerShare>
<transactionAcquiredDisposedCode><value>D</value>
</transactionAcquiredDisposedCode>
</transactionAmounts>
<postTransactionAmounts><sharesOwnedFollowingTransaction><value>402</value>
<footnoteId id="F4"></footnoteId>
</sharesOwnedFollowingTransaction>
</postTransactionAmounts>
<ownershipNature><directOrIndirectOwnership><value>I</value>
</directOrIndirectOwnership>
<natureOfOwnership><value>Through 401k plan</value>
</natureOfOwnership>
</ownershipNature>
</nonDerivativeTransaction>
</nonDerivativeTable>
<derivativeTable><derivativeTransaction><securityTitle><value>Unit Rights</value>
</securityTitle>
<conversionOrExercisePrice><value>0</value>
<footnoteId id="F1"></footnoteId>
</conversionOrExercisePrice>
<transactionDate><value>2003-12-08</value>
</transactionDate>
<transactionCoding><transactionFormType>4</transactionFormType>
<transactionCode>A</transactionCode>
<equitySwapInvolved>0</equitySwapInvolved>
</transactionCoding>
<transactionAmounts><transactionShares><value>10</value>
</transactionShares>
<transactionPricePerShare><value>0</value>
</transactionPricePerShare>
<transactionAcquiredDisposedCode><value>A</value>
</transactionAcquiredDisposedCode>
</transactionAmounts>
<exerciseDate><value>1988-08-08</value>
<footnoteId id="F2"></footnoteId>
</exerciseDate>
<expirationDate><value>1988-08-08</value>
<footnoteId id="F2"></footnoteId>
</expirationDate>
<underlyingSecurity><underlyingSecurityTitle><value>Partnership Units</value>
</underlyingSecurityTitle>
<underlyingSecurityShares><value>10</value>
</underlyingSecurityShares>
</underlyingSecurity>
<postTransactionAmounts><sharesOwnedFollowingTransaction><value>3439</value>
</sharesOwnedFollowingTransaction>
</postTransactionAmounts>
<ownershipNature><directOrIndirectOwnership><value>D</value>
</directOrIndirectOwnership>
</ownershipNature>
</derivativeTransaction>
</derivativeTable>
<footnotes><footnote id="F1">1 for 1</footnote>
<footnote id="F2">Reinvestment of Partnership Distributions under Issuer's Equity Compensation Plan vest at same rate as underlying unit rights.  Fractional units are not reported under columns 5 &amp; 7, but included in the total under column 9, which does not include fractional units.  Includes 10 unit rights (excluding fractional unit) acquired 9/8/2003.</footnote>
<footnote id="F3">Not actual code - required field for electronic purposes only.</footnote>
<footnote id="F4">Number of equivalent units held in unitized 401(k) plan account as of November 30, 2003.</footnote>
</footnotes>
<ownerSignature><signatureName>Ross J. Pistone</signatureName>
<signatureDate>2003-12-10</signatureDate>
</ownerSignature>
</ownershipDocument>

</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----