<?xml version="1.0"?><?xml-stylesheet type="text/xsl" href="../4_X02.xsl"?><ownershipDocument>    <schemaVersion>X0303</schemaVersion>    <documentType>4</documentType>    <periodOfReport>2011-07-19</periodOfReport>    <issuer>        <issuerCik>0001001288</issuerCik>        <issuerName>LEXMARK INTERNATIONAL INC /KY/</issuerName>        <issuerTradingSymbol>LXK</issuerTradingSymbol>    </issuer>    <reportingOwner>        <reportingOwnerId>            <rptOwnerCik>0001493914</rptOwnerCik>            <rptOwnerName>Coons Scott T.R.</rptOwnerName>        </reportingOwnerId>        <reportingOwnerAddress>            <rptOwnerStreet1>ONE LEXMARK CENTRE DRIVE</rptOwnerStreet1>            <rptOwnerStreet2>740 WEST NEW CIRCLE ROAD</rptOwnerStreet2>            <rptOwnerCity>LEXINGTON</rptOwnerCity>            <rptOwnerState>KY</rptOwnerState>            <rptOwnerZipCode>40550</rptOwnerZipCode>            <rptOwnerStateDescription></rptOwnerStateDescription>        </reportingOwnerAddress>        <reportingOwnerRelationship>            <isOfficer>1</isOfficer>            <officerTitle>Vice President</officerTitle>        </reportingOwnerRelationship>    </reportingOwner>    <nonDerivativeTable>        <nonDerivativeTransaction>            <securityTitle>                <value>Class A Common Stock</value>            </securityTitle>            <transactionDate>                <value>2011-07-19</value>            </transactionDate>            <transactionCoding>                <transactionFormType>4</transactionFormType>                <transactionCode>S</transactionCode>                <equitySwapInvolved>0</equitySwapInvolved>            </transactionCoding>            <transactionAmounts>                <transactionShares>                    <value>165.0000</value>                    <footnoteId id="F1"/>                </transactionShares>                <transactionPricePerShare>                    <value>29.0000</value>                </transactionPricePerShare>                <transactionAcquiredDisposedCode>                    <value>D</value>                </transactionAcquiredDisposedCode>            </transactionAmounts>            <postTransactionAmounts>                <sharesOwnedFollowingTransaction>                    <value>3785.0000</value>                    <footnoteId id="F2"/>                </sharesOwnedFollowingTransaction>            </postTransactionAmounts>            <ownershipNature>                <directOrIndirectOwnership>                    <value>D</value>                </directOrIndirectOwnership>            </ownershipNature>        </nonDerivativeTransaction>        <nonDerivativeHolding>            <securityTitle>                <value>Class A Common Stock</value>            </securityTitle>            <postTransactionAmounts>                <sharesOwnedFollowingTransaction>                    <value>2600.0000</value>                </sharesOwnedFollowingTransaction>            </postTransactionAmounts>            <ownershipNature>                <directOrIndirectOwnership>                    <value>I</value>                </directOrIndirectOwnership>                <natureOfOwnership>                    <value>By Trust</value>                </natureOfOwnership>            </ownershipNature>        </nonDerivativeHolding>    </nonDerivativeTable>    <derivativeTable></derivativeTable>    <footnotes>        <footnote id="F1">Shares sold pursuant to a Rule 10b5-1 plan to cover the tax liabilities related to the vesting and settlement of restricted stock units (RSUs) held by the reporting person on July 19, 2011.</footnote>        <footnote id="F2">3,423 of these securities are RSUs and performance-based RSUs (PRSUs) which were granted to the Reporting Person as follows: (i) 1,023 PRSUs earned on February 23, 2011 and (ii) 2,400 RSUs granted on February 23, 2011.</footnote>    </footnotes>    <ownerSignature>        <signatureName>/s/ Ian C. Lofwall, Attorney-in-Fact</signatureName>        <signatureDate>2011-07-20</signatureDate>    </ownerSignature></ownershipDocument>