Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
SWEASY NEIL
   2. Issuer Name and Ticker or Trading Symbol
CENTURYTEL INC [CTL] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
VP and Controller
(Last)
(First)
(Middle)
100 CENTURYTEL DRIVE		 3. Date of Earliest Transaction (Month/Day/Year)
02/25/2004
(Street)

MONROE, LA 71203		 4. If Amendment, Date Original Filed(Month/Day/Year)
02/26/2004		 6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
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
Common Stock 02/25/2004   A   1,900 A $ 0 2,676.54 D  
Common Stock 02/25/2004   M   26 (1) A $ 0 2,702.54 D  
Common Stock               3,370.57 I By 401(k) (2)
Common Stock               3,941.27 I By ESOP (3)
Common Stock               1,268.61 I By Stock Bonus Plan (4)

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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 Underlying Securities
(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 of Derivative Security: 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
Phantom Stock Units $ 0 (7)               (15)   (15) Common Stock 72.3   72.3 D  
Employee Stock Option (right to buy) $ 28.34 02/25/2004   A   6,500   02/25/2004(5) 02/25/2014(6) Common Stock 6,500 $ 0 6,500 D  
Performance Shares.98 (7) 02/25/2004   M     67   (8)   (9) Common Stock 67 $ 0 0 D  
Employee Stock Option (right to buy) $ 13.33               (10) 01/02/2007 Common Stock 2,250   2,250 D  
Employee Stock Option (right to buy) $ 46.19             04/07/2000 04/07/2009 Common Stock 2,823   2,823 D  
Employee Stock Option (right to buy) $ 34.63             02/21/2001(11) 02/21/2010 Common Stock 12,000   12,000 D  
Employee Stock Option (right to buy) $ 28.03             05/21/2002(12) 05/21/2011 Common Stock 13,000   13,000 D  
Employee Stock Option (right to buy) $ 32.99             02/25/2003(13) 02/25/2012 Common Stock 13,000   13,000 D  
Employee Stock Option (right to buy) $ 27.48             02/24/2004(14) 02/24/2013 Common Stock 13,000   13,000 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
SWEASY NEIL
100 CENTURYTEL DRIVE
MONROE, LA 71203		       VP and Controller  

Signatures

 By: Kay C. Buchart, Attorney-In-Fact   02/08/2005
**Signature of Reporting Person Date

Explanation of Responses:

* 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).
(1) Represents the number of shares earned under the performance shares granted in 1999, based on the Company's total shareholder return over a five year period compared to other telecommunications companies.
(2) As of most recent statement available
(3) As of December 31, 2003, the most recent statement available.
(4) As of December 31, 2003, the most recent statement available.
(5) One-third of the options are exercisable immediately, one-third are exercisable 2/25/05, and one-third are exercisable 2/25/06.
(6) Amended to correct error in termination date.
(7) Security converts on a 1-to-1 basis.
(8) The award vests based upon the Company's total shareholder return over a five year period compared to the other companies included in an index of telecommunications companies.
(9) As soon as practicable after December 31, 2002.
(10) Options were 50% exercisable on 01/02/99 and 50% exercisable on 01/02/2000.
(11) One-third of the Stock Options are exercisable 2/21/2001, one-third are exercisable on 2/21/2002, and one-third are exercisable on 2/21/2003.
(12) One-third of the Stock Options are exercisable 5/21/02, one-third are exercisable 5/21/03, and one-third are exercisable 5/21/04.
(13) One-third of the Stock Options are exercisable 2/25/03, one-third are exercisable 2/25/04, and one-third are exercisable 2/25/05.
(14) One-third of the Stock Options are exercisable 2/24/04, one-third are exercisable 2/24/05, and one-third are exercisable 2/24/06.
(15) The reported phantom stock units were acquired under CTE's excess benefit plan and will be settled upon the reporting person's termination of service.

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