INTEL CORP — Director's Dealing 2004

Feb 5, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: INTEL CORP (INTC)
CIK: 0000050863
Period of Report: 2004-02-02

Reporting Person: YOFFIE DAVID B (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-02-02	COMMON STOCK	M	2050	$30.40	Acquired	98450	Direct
2004-02-02	COMMON STOCK	D	2050	$30.40	Disposed	96400	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2004-02-02	Phantom Share Units	$0	M	2050	Disposed	2004-02-02	COM.STK (2050)	Direct

Footnotes

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