ADVANCED MICRO DEVICES INC — Director's Dealing 2003

Sep 22, 2003

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ADVANCED MICRO DEVICES INC (AMD)
CIK: 0000002488
Period of Report: 2003-07-28

Reporting Person: EBY THOMAS (Exec. VP, FASL LLC)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2003-07-28	Employee Stock Option	$18.75	D	35000	Disposed	2007-04-23	Common Stock (35000)	Direct
2003-07-28	Employee Stock Option	$32.10	D	30000	Disposed	2010-08-16	Common Stock (30000)	Direct
2003-07-28	Employee Stock Option	$41.00	D	60000	Disposed	2010-04-26	Common Stock (60000)	Direct
2003-07-28	Employee Stock Option	$20.56	D	30000	Disposed	2010-11-17	Common Stock (30000)	Direct
2003-07-28	Employee Stock Option	$26.90	D	5000	Disposed	2011-04-25	Common Stock (5000)	Direct
2003-07-28	Employee Stock Option	$21.08	D	5000	Disposed	2011-07-13	Common Stock (5000)	Direct
2003-07-28	Employee Stock Option	$7.36	D	12500	Disposed	2013-05-01	Common Stock (12500)	Direct

Footnotes

F1: Option granted prior to a two-for-one stock split by way of dividend issued August 21, 2000; securities reflected represent post-split share amount.

F2: The option provides for vesting annually over 5 years beginning 7/10/97, so that all of the shares subject to the option became fully vested on July 10, 2001.

F3: On July 28, 2003, the Issuer canceled, pursuant to the Issuer's option exchange program, an option granted to the reporting person on April 23, 1997. In exchange, the reporting person will receive a replacement option on or after January 29, 2004, for the same number of shares, having an exercise price equal to the market price of the underlying stock on the grant date.

F4: The option provides for vesting of of 7,000 shares on 4/28/02 , and then monthly in equal installments so that all of the shares subject to the option will become fully vested on 4/28/04.

F5: On July 28, 2003, the Issuer canceled, pursuant to the Issuer's option exchange program, an option granted to the reporting person on August 16, 2000. In exchange, the reporting person will receive a replacement option on or after January 29, 2004, for the same number of shares, having an exercise price equal to the market price of the underlying stock on the grant date.

F6: The option provides for vesting of of 7,500 shares on 7/25/01, and then monthly in equal installments so that all of the shares subject to the option will become fully vested on 7/25/04.

F7: On July 28, 2003, the Issuer canceled, pursuant to the Issuer's option exchange program, an option granted to the reporting person on April 26, 2000. In exchange, the reporting person will receive a replacement option on or after January 29, 2004, for the same number of shares, having an exercise price equal to the market price of the underlying stock on the grant date.

F8: The option provides for vesting of of 7,500 shares on 7/25/02 , and then monthly in equal installments so that all of the shares subject to the option will become fully vested on 7/25/05.

F9: On July 28, 2003, the Issuer canceled, pursuant to the Issuer's option exchange program, an option granted to the reporting person on November 17, 2000. In exchange, the reporting person will receive a replacement option on or after January 29, 2004, for the same number of shares, having an exercise price equal to the market price of the underlying stock on the grant date.

F10: The option provides for vesting of of 1,250 shares on 4/25/02 , and then monthly in equal installments so that all of the shares subject to the option will become fully vested on 4/25/05.

F11: On July 28, 2003, the Issuer canceled, pursuant to the Issuer's option exchange program, an option granted to the reporting person on April 25, 2001. In exchange, the reporting person will receive a replacement option on or after January 29, 2004, for the same number of shares, having an exercise price equal to the market price of the underlying stock on the grant date.

F12: The option provides for vesting of of 1/4 of the shares subject to the option on 4/25/02, and then monthly in equal installments so that all of the shares subject to the option will become fully vested on 4/25/05.

F13: On July 28, 2003, the Issuer canceled, pursuant to the Issuer's option exchange program, an option granted to the reporting person on July 13, 2001. In exchange, the reporting person will receive a replacement option on or after January 29, 2004, for the same number of shares, having an exercise price equal to the market price of the underlying stock on the grant date.

F14: The option provides for vesting of of 1/4 of the shares subject to the option on 5/1/04 , and then monthly in equal installments so that all of the shares subject to the option will become fully vested on 5/1/07.

F15: On July 28, 2003, the Issuer canceled, pursuant to the Issuer's option exchange program, an option granted to the reporting person on May 1, 2003. In exchange, the reporting person will receive a replacement option on or after January 29, 2004, for the same number of shares, having an exercise price equal to the market price of the underlying stock on the grant date.