X0201 4 2004-01-27 0000789019 MICROSOFT CORP MSFT 0000902012 GATES WILLIAM H III ONE MICROSOFT WAY REDMOND WA 98052 1 1 1 0 Chairman of the Board Common Stock 2004-01-27 4 S 0 25000 28.620 D 1157474336 D Common Stock 2004-01-27 4 S 0 45910 28.610 D 1157428426 D Common Stock 2004-01-27 4 S 0 25000 28.600 D 1157403426 D Common Stock 2004-01-27 4 S 0 25000 28.570 D 1157378426 D Common Stock 2004-01-27 4 S 0 2400 28.520 D 1157376026 D Common Stock 2004-01-27 4 S 0 76690 28.510 D 1157299336 D Common Stock 2004-01-27 4 S 0 75000 28.500 D 1157224336 D Common Stock 2004-01-27 4 S 0 25000 28.470 D 1157199336 D Common Stock 2004-01-27 4 S 0 50000 28.460 D 1157149336 D Common Stock 2004-01-27 4 S 0 100000 28.450 D 1157049336 D Common Stock 2004-01-27 4 S 0 27083 28.430 D 1157022253 D Common Stock 2004-01-27 4 S 0 47917 28.420 D 1156974336 D Common Stock 2004-01-27 4 S 0 30000 28.410 D 1156944336 D Common Stock 2004-01-27 4 S 0 118400 28.400 D 1156825936 D Common Stock 2004-01-27 4 S 0 31800 28.390 D 1156794136 D Common Stock 2004-01-27 4 S 0 96000 28.380 D 1156698136 D Common Stock 2004-01-27 4 S 0 23800 28.370 D 1156674336 D Common Stock 2004-01-27 4 S 0 25000 28.360 D 1156649336 D Common Stock 2004-01-27 4 S 0 25000 28.350 D 1156624336 D Common Stock 2004-01-27 4 S 0 25000 28.330 D 1156599336 D Common Stock 2004-01-27 4 S 0 11300 28.300 D 1156588036 D Common Stock 2004-01-27 4 S 0 38700 28.270 D 1156549336 D Common Stock 2004-01-27 4 S 0 25000 28.250 D 1156524336 D Common Stock 2004-01-27 4 S 0 25000 28.230 D 1156499336 D In addition, there are 428,520 shares owned by reporting person's spouse. The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purpose of Section 16 or for any other purposes. Michael Larson, on behalf of William H. Gates III. Authorized under power of attorney dated 3/14/2001 by William H. Gates III, filed on 3/19/2001 with Cascade Investment's Schedule 13D, SEC File No. 005-52919. 2004-01-29