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 *
MCCLANATHAN JOSEPH W
   2. Issuer Name and Ticker or Trading Symbol
ENERGIZER HOLDINGS INC [ENR] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
PRES. & CEO ENERGIZER BATTERY
(Last)
(First)
(Middle)
ENERGIZER HOLDINGS, INC., 533 MARYVILLE UNIVERSITY DRIVE		 3. Date of Earliest Transaction (Month/Day/Year)
01/25/2005
(Street)

ST. LOUIS, MO 63141		 4. If Amendment, Date Original Filed(Month/Day/Year)
 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
Energizer Holdings, Inc. Common Stock 01/25/2005   M   25,000 (1) A $ 17 25,000 D  
Energizer Holdings, Inc. Common Stock 01/25/2005   S   25,000 (1) D $ 53.1 0 D  
Energizer Holdings, Inc. Common Stock               3,765 I By 401(k)

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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
Non-Qualified Stock Option 5/08/00 $ 17 01/25/2005   M     25,000 (1) 05/08/2001 05/07/2010 Energizer Holdings, Inc. Common Stock 25,000 $ 0 75,000 D  
Non-Qualified Stock Option 1/26/04 $ 42.9             01/26/2005(2) 01/25/2014 Energizer Holdings, Inc. Common Stock 50,000   50,000 D  
Non-Qualified Stock Option 10/19/04 $ 46.13             10/19/2005(3) 10/18/2014 Energizer Holdings, Inc. Common Stock 20,000   20,000 D  
Non-Qualified Stock Option 9/23/02 $ 30.1             09/23/2005(4) 09/22/2012 Energizer Holdings, Inc. Common Stock 50,000   50,000 D  
Phantom Stk Units in Deferred Compensation Plan CM $ 0               (5)   (5) Energizer Holdings, Inc. Common Stock 5,830   5,830 D  
Phantom Stock Units in Deferred Compensation Plan $ 0               (5)   (5) Energizer Holdings, Inc. Common Stock 29,037   29,037 D  
Phantom Stock Units in Executive Savings Investment Plan $ 0               (6)   (5) Energizer Holdings, Inc. Common Stock 3,539   3,539 D  
Restricted Stock Equivalent 10/19/04 $ 0               (7)   (7) Energizer Holdings, Inc. Common Stock 10,000   10,000 D  
Restricted Stock Equivalents $ 0               (8)   (8) Energizer Holdings, Inc. Common Stock 30,000   30,000 D  
Restricted Stock Equivalents 5/19/03 $ 0               (9)   (9) Energizer Holdings, Inc. Common Stock 20,000   20,000 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
MCCLANATHAN JOSEPH W
ENERGIZER HOLDINGS, INC.
533 MARYVILLE UNIVERSITY DRIVE
ST. LOUIS, MO 63141		       PRES. & CEO ENERGIZER BATTERY  

Signatures

 JOSEPH W. MCCLANATHAN   01/26/2005
**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) Non-Qualified Stock Option exercise, and sale of the shares acquired, was made pursuant to a 10b5-1 plan.
(2) Exercisable at a rate of 20% per year commencing 1/26/05.
(3) Exercisable at a rate of 25% per year commencing October 19, 2005.
(4) Exercisable at the rate of 33 1/3% on grant date in the years 2005, 2006 and 2007.
(5) Phantom stock units are payable in cash following termination of the Reporting Person's employment with Energizer Holdings, Inc.
(6) Not Applicable.
(7) Restricted Stock Equivalents will convert into shares of Energizer Holdings, Inc. common stock - 25% on 10/19/05, 25% on 10/19/06, 25% on 10/19/07 and 25% on 10/19/08 unless Reporting Person elects to defer conversion until retirement or other termination, or unless deferral is mandated by Energizer Holdings, Inc. Equivalents are subject to forfeiture if Reporting Person voluntarily terminates employment prior to conversion dates, other than upon retirement after attaining age 55.
(8) Restricted stock equivalents will convert into shares of Energizer Common Stock three years from the date of grant unless Reporting Person elects to defer conversion until retirement or other termination, or unless deferral of conversion is mandated by Energizer Holdings, Inc. Equivalents subject to forfeiture if Reporting Person terminates employment within three years of grant.
(9) Restricted Stock Equivalents will convert into shares of Energizer Common Stock - 1/3 on 5/19/06, 1/3 on 5/19/09 and 1/3 on 5/19/12, unless Reporting Person elects to defer conversion until retirement or other termination, or unless deferral of conversion is mandated by Energizer Holdings, Inc. Equivalents subject to forfeture if Reporting Person voluntarily terminates employment prior to conversion dates, other than upon retirement after attaining age 55.

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