INTEL CORP — Director's Dealing 2004

Apr 20, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: INTEL CORP (INTC)
CIK: 0000050863
Period of Report: 2004-04-15

Reporting Person: BAKER ROBERT JAYMES (SENIOR VICE PRESIDENT)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2004-04-15	Employee Option (right to buy)	$27.00	A	25000	Acquired	2014-04-15	COM. STK (25000)	Direct
2004-04-15	Employee Option (right to buy)	$27.00	A	25000	Acquired	2014-04-15	COM.STK (25000)	Direct
2004-04-15	Employee Option (right to buy)	$27.00	A	25000	Acquired	2014-04-15	COM.STK (25000)	Direct
2004-04-15	Employee Option (right to buy)	$27.00	A	25000	Acquired	2014-04-15	COM.STK (25000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
COMMON	719822	Direct
COMMON	1412	Indirect

Footnotes

F1: Not a Required Reportable field. SEC software requires a dollar amount; use zeros per SEC.