DIODES INC /DEL/ — Director's Dealing 2006

Jul 31, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DIODES INC /DEL/ (DIOD)
CIK: 0000029002
Period of Report: 2006-07-31

Reporting Person: WERTZ CARL C (Chief Financial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-07-31	Common Stock	M	33750	$1.7778	Acquired	43921	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2006-07-31	Common Stock (Right to Buy)	$1.7778	M	33750	Disposed	2006-08-01	Common Stock (33750)	Direct

Footnotes

F1: Options exercisable in 3 equal annual installments beginning 08/01/1997.

F2: Granted under Rule 16b-3 Plan.