INTEL CORP — Director's Dealing 2007

Jan 25, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: INTEL CORP (INTC)
CIK: 0000050863
Period of Report: 2007-01-23

Reporting Person: KILROY THOMAS M (VP DIGITAL ENTERPRISE GRP)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-01-23	COMMON	M	17600	$17.42	Acquired	17600	Direct
2007-01-23	COMMON	S	15950	$20.80	Disposed	1650	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-01-23	Employee Option (right to buy)	$17.42	M	17600	Disposed	2007-04-22	CMN.STK (17600)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
COMMON	18781	Indirect

Footnotes

F1: Mr. Kilroy also holds 16,500 restricted stock units.