BAXTER INTERNATIONAL INC — Director's Dealing 2003

Nov 20, 2003

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BAXTER INTERNATIONAL INC (BAX)
CIK: 0000010456
Period of Report: 2003-11-18

Reporting Person: REED JAN STERN (Corporate Secretary)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2003-11-18	Stock Option (Right to Buy)	$27.13	A	22500	Acquired	2013-11-18	Common Stock, $1 par value (22500)	Direct