INTEL CORP — Director's Dealing 2003

Sep 11, 2003

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: INTEL CORP (INTC)
CIK: 0000050863
Period of Report: 2003-01-31

Reporting Person: YOFFIE DAVID B (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2003-01-31	COMMON STOCK	M	1101	$15.66	Acquired	97501	Direct
2003-01-31	COMMON STOCK	D	1101	$15.66	Disposed	96400	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2003-01-31	Phantom Share Units	$0	M	1101	Disposed	2013-01-31	COM.STK (1101)	Direct

Footnotes

F1: Conversion rate is 1-for-1. New SEC software requires a dollar amount; use zeros per SEC.

F2: Dr. Yoffie holds 220,000 options with the right to buy Intel Corporation common stock..