APPLIED MATERIALS INC /DE — Director's Dealing 2003

Aug 19, 2003

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: APPLIED MATERIALS INC /DE (AMAT)
CIK: 0000006951
Period of Report: 2003-08-15

Reporting Person: HANDEL NANCY H (Group VP,Deputy CFO&Controller)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2003-08-15	Common Stock	M	20000	$4.33	Acquired	124192	Direct
2003-08-15	Common Stock	S	20000	$18.74	Disposed	104192	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2003-08-15	Employee Stock Option (right to buy	$4.33	M	20000	Disposed	2003-12-17	Common Stock (20000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	2893.453	Indirect

Footnotes

F1: Increased number of shares reflects periodic payroll acquisitions under 401(k) Plan that are exempt under Rule 16b-3.

F2: Reporting Person has additional Employee Stock Options covering 646,000 shares of Common Stock with varying exercise prices and expiration dates.