INTEL CORP — Director's Dealing 2008

Apr 21, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: INTEL CORP (INTC)
CIK: 0000050863
Period of Report: 2008-04-18

Reporting Person: SHAW JANE E (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2008-04-18	COMMON	M	20000	$19.4845	Acquired	22823	Direct
2008-04-18	COMMON	S	20000	$22.57	Disposed	2823	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2008-04-18	Employee Option (right to buy)	$19.4845	M	20000	Disposed	2008-05-20	COM.STK (20000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
COMMON	166549.349	Indirect

Footnotes

F1: Includes 449.692 shares acquired under the Intel Corporation Direct Stock Purchase and Dividend Reinvestment Plan in September and December 2007, and March 2008.

F2: Dr. Shaw holds 11,402 restricted stock units and also owns directly 16,098.876 phantom share units acquired under the Intel Corporation 2006 Deferral Plan for Outside Directors..