BAXTER INTERNATIONAL INC — Director's Dealing 2007

Oct 22, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BAXTER INTERNATIONAL INC (BAX)
CIK: 0000010456
Period of Report: 2007-10-19

Reporting Person: HELLMAN PETER S (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-10-18	Deferred Comp Plan Baxter Stock Fund	$	A	102	Acquired		Common Stock, $1 par value (102)	Direct

Footnotes

F1: 1-for-1

F2: Reporting person allocated compensation deferred under Baxter's Non-Employee Director Deferred Compensation Plan to the Baxter Common Stock Fund notional investment alternative. Reporting person's account balance is payable subject to the terms of the Plan.