X0201 4 2003-12-31 0 0000811156 CMS ENERGY CORP CMS 0001022621 HOLTON EARL D MEIJER, INC. 2929 WALKER, NW GRAND RAPIDS MI 49504 1 0 0 0 Common Stock (CMS) 9913 D Common Stock (CMS) 1445 I By Donnalee Holton Trust Phantom Stock Units Common Stock (CMS) 1985 15558 I Dir Deferred Comp Plan These units are considered phantom stock held pursuant to the Director's Deferred Compensation Plan of CMS Energy Corporation and were acquired on various dates in 2003 at prices ranging from $4.525 to $9.610 per share. Such deferred income will be paid in cash in a lump sum in the January following Mr. Holton's retirement from the Board based on the price of the CMS Common Stock at that time. /s/MDVanHemert, Attny in Fact 2004-01-20