Avery Dennison Corp — Director's Dealing 2005

Apr 1, 2005

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AVERY DENNISON CORPORATION (AVY)
CIK: 0000008818
Period of Report: 2005-03-31

Reporting Person: CAHOUET FRANK V (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2005-03-31	Common Stock Units	$0	A	8.02	Acquired	1988-08-08	Common Stock (8.02)	Indirect
2005-03-31	Common Stock Units	$0	A	144.09	Acquired	1988-08-08	Common Stock (144.09)	Indirect

Footnotes

F1: Includes stock units acquired upon the reinvestment of dividend equivalents under the Avery Capital Accumulation Plan ("CAP") in a transaction exempt under Rule 16a-11

F2: Stock units were acquired by the reporting person pursuant to the Avery Dennison Corporation Non-Employee Director Deferred Equity Compensation Program ("DDECP") in transactions exempt under Rules 16a-11 and 16b-3(d).