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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549

FORM 4

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

x 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* (Last, First, Middle)		 2. Issuer Name and Ticker or
Trading Symbol		 3. I.R.S. Identification Number of Reporting
Person, if an entity (Voluntary)
  Temple, Charlotte
  Temple-Inland Inc. (TIN)
 
  400 Taplin Rd.
4. Statement for (Month/Day/Year) 5. If Amendment, Date of Original (Month/Day/Year)
    02/07/2003
 
  (Street) 6. Relationship of Reporting Person(s) to Issuer (Check All Applicable) 7. Individual or Joint/Group Filing
(Check Applicable Line)
  St. Helena, CA. 94574
(City)                (State)           (Zip)		   x  Director o  10% Owner   x Form filed by One Reporting Person
    o  Officer (give title below)   o Form filed by More than One Reporting Person
    o  Other (specify below)  
       
     
Reminder:   Report on a separate line for each class of securities beneficially owned directly or indirectly.
 
*   If the form is filed by more than one reporting person, see instruction 4(b)(v).
 

 

 
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
Transactions(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             144,706     D   (1)
  Common Stock               58,500     I   (2)
  Common Stock               67,230     I   (3)
  Common Stock               67,690     I   (4)
  Preferred Stock Purchase Rights   (5)   (5)   (5) (5)   (5)   (5)     (5)     (5)   (5)
                     
                     
                   
                   
                   

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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)
                      Code V   (A) (D)
  Option (right to buy)   $51.44          
             
             
             
             
  Option (right to buy)   $51.30          
             
             
             
  Option (right to buy)   $55.32          
  Phantom Shares   1-for-1     02/07/2003   02/07/2003   A   135

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Table II — Derivative Securities Acquired, Disposed of, or Beneficially Owned — Continued
(e.g., puts, calls, warrants, options, convertible securities)
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)
  Date
Exercisable		 Expiration
Date		   Title Amount or
Number of
Shares		                        
  02/04/95 02/04/04   Common Stock 1,000              
  02/04/98 02/04/04   Common Stock 1,500              
  02/04/99 02/04/04   Common Stock 2,500              
  02/04/00 02/04/04   Common Stock 2,500              
  02/04/01 02/04/04   Common Stock 2,500         10,000     D  
  02/02/02 02/02/11   Common Stock 400              
  02/02/03 02/02/11   Common Stock 400              
  02/02/04 02/02/11   Common Stock 200         1,000     D  
                 
  02/01/2003 02/01/2012   Common Stock 400              
  02/01/2004 02/01/2012   Common Stock 400              
  02/01/2005 02/01/2012   Common Stock 200         1,000     D  
  (6) (6)   Common Stock 135   (6)       4,809 (6)     D  

Explanation of Responses:

(1) Of which, Temple Partners, L.P. a limited partnership of which Reporting Person is a general partner owns 128,248 shares in portfolio securities. Reporting person disclaims beneficial ownership of any shares in which she does not have a pecuniary interest.

(2) By Katherine Sage Temple Inter-vivos Trust for Arthur Temple and Charlotte Ann Temple Spencer.

(3) By Trustee for Arthur Temple and Mary Temple Denman Trust Parts I and II.

(4) By Trustee for Charlotte Ann Temple Spencer Testamentary Trust (Katherine Sage Temple).

(5) In accordance with the Shareholder Rights Plan adopted by the Company on February 3, 1999, Preferred Stock Purchase Rights are deemed to be attached to the shares of Common Stock.

(6) Phantom Shares accrued under the Temple-Inland Inc. Directors' Fee Deferral Plan, which includes a dividend reinvestment feature, to be settled upon the reporting person's retirement.

Leslie K. O'Neal signed on behalf of Charlotte Temple   02/10/2003
**Signature of Reporting Person		  
Date

**   Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
 
Note:   File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
 

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