APPLIED MATERIALS INC /DE — Director's Dealing 2004

Sep 30, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: APPLIED MATERIALS INC /DE (AMAT)
CIK: 0000006951
Period of Report: 2004-09-28

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-09-28	Common Stock	M	20000	$7.4375	Acquired	124192	Direct
2004-09-28	Common Stock	S	20000	$16.12	Disposed	104192	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2004-09-28	Employee Stock Option (right to buy)	$7.4375	M	20000	Disposed	2005-01-16	Common Stock (20000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	3261.233	Indirect

Footnotes

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