ANALOG DEVICES INC — Director's Dealing 2007

Dec 21, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ANALOG DEVICES INC (ADI)
CIK: 0000006281
Period of Report: 2007-12-20

Reporting Person: MCALOON BRIAN (VP, DSP & SYS PRODUCTS GRP)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-12-20	Comm Stock-$.16-2/3 value	M	23334	$7.37	Acquired	30661.00	Direct
2007-12-20	Comm Stock-$.16-2/3 value	F	7457	$31.45	Disposed	23204.00	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-12-20	Non-Qualified Stock Option (right to buy)	$7.37	M	23334	Disposed	2008-01-15	Comm Stock-$.16-2/3 value (23334.00)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Comm Stock-$.16-2/3 value	385.00	Indirect
Comm Stock-$.16-2/3 value	385.00	Indirect

Footnotes

F1: This is a vesting schedule. 33.33% vests three, four and five years from grant date.