INTEL CORP — Director's Dealing 2003

Oct 30, 2003

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: INTEL CORP (INTC)
CIK: 0000050863
Period of Report: 2003-10-28

Reporting Person: MINER JOHN HF (VICE PRESIDENT)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2003-10-28	COMMON	M	40000	$19.09	Acquired	132272	Direct
2003-10-28	COMMON	S	40000	$32.00	Disposed	92272	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2003-10-28	Employee Stock Option (right to buy)	$19.09	M	40000	Disposed	2007-11-12	COM. STK (40000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
COMMON	773	Indirect

Footnotes

F1: COLUMN 8 IS NOT A REQUIRED REPORTABLE FIELD. NEW SEC SOFTWARE REQUIRES A DOLLAR AMOUNT; USE ZERO PER SEC.