BAXTER INTERNATIONAL INC — Director's Dealing 2008

Nov 14, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BAXTER INTERNATIONAL INC (BAX)
CIK: 0000010456
Period of Report: 2008-11-13

Reporting Person: Shapazian Carole J Uhrich (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2008-11-13	Common Stock, $1 par value	M	4180	$28.30	Acquired	6210	Direct
2008-11-13	Common Stock, $1 par value	S	4180	$57.85	Disposed	2030	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2008-11-13	Stock Option (Right to Buy)	$28.30	M	4180	Disposed	2013-11-29	Common Stock, $1 par value (4180)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock, $1 par value	6120	Indirect