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Avery Dennison Corp Director's Dealing 2008

May 27, 2008

30491_dirs_2008-05-27_7f05af7c-7ba8-4470-b0ed-efb8ed45eacf.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AVERY DENNISON CORPORATION (AVY)
CIK: 0000008818
Period of Report: 2008-05-27

Reporting Person: O BRYANT DANIEL R (Exec. VP, Finance and CFO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2008-05-27 Common Stock M 2189 $45.1875 Acquired 41605.59 Direct
2008-05-27 Common Stock F 2076 $49.145 Disposed 39529.59 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2008-05-27 Employee Stock Option (Right to Buy) $45.1875 M 2189 Disposed 2008-12-03 Common Stock (2189) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 1418.286 Indirect
Common Stock 7085.911 Indirect