Avery Dennison Corp — Director's Dealing 2008

Apr 2, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AVERY DENNISON CORPORATION (AVY)
CIK: 0000008818
Period of Report: 2008-03-31

Reporting Person: FERRY RICHARD M (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2008-03-31	Common Stock Units	$0	A	12.38	Acquired	1988-08-08	Common Stock (12.38)	Indirect
2008-03-31	Common Stock Units	$0	A	456.85	Acquired	1988-08-08	Common Stock (456.85)	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).