APPLIED MATERIALS INC /DE — Director's Dealing 2003

Oct 3, 2003

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: APPLIED MATERIALS INC /DE (AMAT)
CIK: 0000006951
Period of Report: 2003-10-01

Reporting Person: DWIGHT HERBERT M JR (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2003-10-01	Common Stock	M	24000	$8.48	Acquired	394000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2003-10-01	Director Stock Option (right to buy)	$8.48	M	24000	Disposed	2003-10-23	Common Stock (24000)	Direct

Footnotes

F1: The stock option vested in four equal annual installments beginning October 23, 1999.

F2: Reporting Person has additional Director Stock Options covering 86,000 shares of Common Stock with varying exercise prices and expiration dates.