INTEL CORP — Director's Dealing 2004

Jan 30, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: INTEL CORP (INTC)
CIK: 0000050863
Period of Report: 2004-01-29

Reporting Person: CHUN SHEN CHEN JASON (VICE PRESIDENT)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-01-29	COMMON	M	7760	$17.42	Acquired	24672	Direct
2004-01-29	COMMON	M	8880	$19.00	Acquired	33552	Direct
2004-01-29	COMMON	M	9619	$20.23	Acquired	43171	Direct
2004-01-29	COMMON	S	26255	$31.17	Disposed	16916	Direct
2004-01-29	COMMON	S	4	$30.92	Disposed	16912	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2004-01-29	Employee Option (right to buy)	$17.42	M	7760	Disposed	2013-06-24	COM.STK (7760)	Direct
2004-01-29	Employee Option (right to buy)	$19.00	M	8880	Disposed	2008-04-14	COM.STK (8880)	Direct
2004-01-29	Employee Option (right to buy)	$20.23	M	9619	Disposed	2012-11-25	COM.STK (9619)	Direct

Footnotes

F1: Column 8 is not a required reportable field. New SEC software requires a dollar amount; use zero per SEC.