INTEL CORP — Director's Dealing 2006

Aug 7, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: INTEL CORP (INTC)
CIK: 0000050863
Period of Report: 2006-08-03

Reporting Person: BAKER ROBERT JAYMES (SR VICE PRES, TECH & MFG GRP)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-08-03	COMMON	M	800000	$11.93	Disposed	1479199	Direct
2006-08-03	COMMON	S	660500	$17.30	Acquired	818699	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2006-08-03	Employee Option (right to buy)	$11.93	A	800000	Acquired	2006-09-18	COM.STK (800000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
COMMON	1444	Indirect

Footnotes

F1: Mr. Baker holds 12,000 Restricted Stock Units