ANALOG DEVICES INC — Director's Dealing 2008

Jul 1, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ANALOG DEVICES INC (ADI)
CIK: 0000006281
Period of Report: 2008-06-30

Reporting Person: DOYLE JOHN L (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2008-06-30	Comm Stock-$.16-2/3 value	M	21000	$14.345	Acquired	30728	Direct
2008-06-30	Comm Stock-$.16-2/3 value	S	200	$32.16	Disposed	30528	Direct
2008-06-30	Comm Stock-$.16-2/3 value	S	500	$32.13	Disposed	30028	Direct
2008-06-30	Comm Stock-$.16-2/3 value	S	2700	$32.17	Disposed	27328	Direct
2008-06-30	Comm Stock-$.16-2/3 value	S	4200	$32.12	Disposed	23128	Direct
2008-06-30	Comm Stock-$.16-2/3 value	S	13400	$32.15	Disposed	9728	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2008-06-30	Non-Qualified Stock Option (right to buy)	$14.345	M	21000	Disposed	2008-12-07	Comm Stock-$.16-2/3 value (21000)	Direct

Footnotes

F1: --This is a vesting schedule. 33.33% vests one, two & three years from grant date.