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, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940	OMB APPROVAL OMB Number: 3235-0287 Expires: February 28, 2011 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* 1992 GRAT REMAINDER TRUST FBO GARY LAUDER (Last) (First) (Middle) C/O THE ESTEE LAUDER COMPANIES INC. 767 FIFTH AVENUE (Street) NEW YORK NY 10153 (City) (State) (Zip)	2. Issuer Name and Ticker or Trading Symbol ESTEE LAUDER COMPANIES INC [ EL ]	5. Relationship of Reporting Person(s) to Issuer (Check all applicable) Director X 10% Owner Officer (give title below) X Other (specify below) Trust with Insider
	3. Date of Earliest Transaction (Month/Day/Year) 05/30/2008
	4. If Amendment, Date of Original Filed (Month/Day/Year)	6. Individual or Joint/Group Filing (Check Applicable Line) Form filed by One Reporting Person X 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)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	05/30/2008		S ( 1 )		12,281 ( 2 )	D	$47.6811 ( 2 )	85,968	D ( 1 )
Class A Common Stock	06/02/2008		S ( 1 )		12,281 ( 2 )	D	$47.1024 ( 2 )	73,687	D ( 1 ) ( 9 )
Class A Common Stock	05/30/2008		S ( 3 )		12,281 ( 4 )	D	$47.6799 ( 4 )	85,968	D ( 3 )
Class A Common Stock	06/02/2008		S ( 3 )		12,281 ( 4 )	D	$47.1046 ( 4 )	73,687	D ( 3 ) ( 9 )
Class A Common Stock	05/30/2008		M ( 5 )		10,000	A	$33.7813	252,365	D ( 5 )
Class A Common Stock	05/30/2008		S ( 5 )		10,000 ( 6 )	D	$47.6803 ( 6 )	242,365	D ( 5 )
Class A Common Stock	06/02/2008		M ( 5 )		10,000	A	$33.7813	252,365	D ( 5 )
Class A Common Stock	06/02/2008		S ( 5 )		10,000 ( 6 )	D	$47.1039 ( 6 )	242,365	D ( 5 ) ( 9 )

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Option (Right to Buy)	$33.7813	05/30/2008		M ( 5 )			10,000	01/01/2001 ( 7 )	07/21/2008	Class A Common Stock	10,000	( 8 )	70,000	D
Option (Right to Buy)	$33.7813	06/02/2008		M ( 5 )			10,000	01/01/2001 ( 7 )	07/21/2008	Class A Common Stock	10,000	( 8 )	60,000	D

1. Name and Address of Reporting Person* 1992 GRAT REMAINDER TRUST FBO GARY LAUDER (Last) (First) (Middle) C/O THE ESTEE LAUDER COMPANIES INC. 767 FIFTH AVENUE (Street) NEW YORK NY 10153 (City) (State) (Zip)

1. Name and Address of Reporting Person* LAUDER GARY M (Last) (First) (Middle) ICTV INC. 333 W. SAN CARLOS ST., SUITE 400 (Street) SAN JOSE CA 95110 (City) (State) (Zip)

1. Name and Address of Reporting Person* 1992 GRAT REMAINDER TRUST FBO WILLIAM LAUDER (Last) (First) (Middle) THE ESTEE LAUDER COMPANIES INC. 767 FIFTH AVENUE (Street) NY NY 10153 (City) (State) (Zip)

1. Name and Address of Reporting Person* Lauder William P (Last) (First) (Middle) THE ESTEE LAUDER COMPANIES INC. 767 FIFTH AVE. (Street) NEW YORK NY 10036 (City) (State) (Zip)

Explanation of Responses:

1. The 1992 GRAT Remainder Trust f/b/o Gary M. Lauder sold shares of Class A Common Stock pursuant to a plan intended to comply with Rule 10b5-1(c), previously entered into on September 5, 2007. The 1992 GRAT Remainder Trust f/b/o Gary M. Lauder also owns 1,343,846 shares of Class B Common Stock.

2. See Exhibit 99.1(a).

3. The 1992 GRAT Remainder Trust f/b/o William P. Lauder sold shares of Class A Common Stock pursuant to a plan intended to comply with Rule 10b5-1(c), previously entered into on September 5, 2007. The 1992 GRAT Remainder Trust f/b/o William P. Lauder also owns 1,914,608 shares of Class B Common Stock.

4. See Exhibit 99.1(b).

5. William P. Lauder ("WPL") exercised stock options and sold the underlying shares of Class A Common Stock pursuant to a plan intended to comply with Rule 10b5-1(c), previously entered into on September 5, 2007. WPL's direct and indirect holdings are set forth in Exhibit 99.1(d).

6. See Exhibit 99.1(c).

7. The options that were exercised by WPL were part of a grant of options that became exercisable in three tranches in respect of 33,000 on January 1, 2001, 33,000 on January 1, 2002, and 34,000 on January 1, 2003.

8. Not applicable.

9. See Exhibit 99.1(d).

Remarks:

See Exhibits 24.1, 24.2, 99.1 and 99.2 incorporated herein by reference.

	1992 GRAT Remainder Trust F/B/O Gary Lauder, by Spencer G. Smul, Attorney-in-fact	06/03/2008
	Gary M. Lauder, by Spencer G. Smul, Attorney-in-fact	06/03/2008
	1992 GRAT Remainder Trust F/B/O William Lauder, by Spencer G. Smul, Attorney-in-fact	06/03/2008
	William P. Lauder, by Spencer G. Smul, Attorney-in-fact	06/03/2008
	** Signature of Reporting Person	Date
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