BAXTER INTERNATIONAL INC — Director's Dealing 2004

Sep 2, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BAXTER INTERNATIONAL INC (BAX)
CIK: 0000010456
Period of Report: 2004-09-01

Reporting Person: STROUCKEN ALBERT P L (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-09-01	Common Stock, $1 par value	A	1240	—	Acquired	1240	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2004-09-01	Stock Option (right to buy)	$30.82	A	3840	Acquired	2014-09-01	Common Stock, $1 par value (3840)	Direct

Footnotes

F1: On September 1, 2004, the reporting person received a grant of 1,240 restricted shares of common stock which vest on May 3, 2005.