INTEL CORP — Director's Dealing 2003

Aug 29, 2003

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: INTEL CORP (INTC)
CIK: 0000050863
Period of Report: 2003-08-27

Reporting Person: VADASZ LESLIE L (DIRECTOR EMERITUS)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2003-08-27	COMMON	M	42000	$25.69	Acquired	5246421	Indirect
2003-08-27	COMMON	F	39994	$27.75	Disposed	5206427	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2003-08-27	Employee Stock Option (right to buy)	$25.69	M	42000	Disposed	2011-03-21	COM STK (42000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
COMMON	216904	Direct
COMMON	3018	Indirect