MASCO CORP /DE/ — Director's Dealing 2007

May 7, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MASCO CORP /DE/ (MAS)
CIK: 0000062996
Period of Report: 2007-05-03

Reporting Person: LEEKLEY JOHN R (Sr. V.P. & General Counsel)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-05-03	Common Stock	M	220000	$19.50	Acquired	428755	Direct
2007-05-03	Common Stock	M	44759	$26.1401	Acquired	473514	Direct
2007-05-03	Common Stock	F	88137	$29.982	Disposed	385377	Direct
2007-05-03	Common Stock	F	32247	$29.982	Disposed	353130	Direct
2007-05-03	Common Stock	S	176	$29.90	Disposed	352954	Direct
2007-05-03	Common Stock	S	353	$29.91	Disposed	352601	Direct
2007-05-03	Common Stock	S	412	$29.92	Disposed	352189	Direct
2007-05-03	Common Stock	S	1146	$29.93	Disposed	351043	Direct
2007-05-03	Common Stock	S	323	$29.94	Disposed	350720	Direct
2007-05-03	Common Stock	S	2352	$29.95	Disposed	348368	Direct
2007-05-03	Common Stock	S	5497	$29.96	Disposed	342871	Direct
2007-05-03	Common Stock	S	5321	$29.97	Disposed	337550	Direct
2007-05-03	Common Stock	S	4792	$29.98	Disposed	332758	Direct
2007-05-03	Common Stock	S	4851	$29.99	Disposed	327907	Direct
2007-05-03	Common Stock	S	12187	$30.00	Disposed	315720	Direct
2007-05-03	Common Stock	S	1734	$30.01	Disposed	313986	Direct
2007-05-03	Common Stock	S	529	$30.02	Disposed	313457	Direct
2007-05-03	Common Stock	S	1617	$30.03	Disposed	311840	Direct
2007-05-03	Common Stock	S	911	$30.04	Disposed	310929	Direct
2007-05-03	Common Stock	S	235	$30.05	Disposed	310694	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-05-03	Employee Stock Option	$19.50	M	220000	Disposed	2007-05-21	Common Stock (220000)	Direct
2007-05-03	Employee Stock Option	$26.1401	M	44759	Disposed	2007-05-21	Common Stock (44759)	Direct

Footnotes

F1: Shares used to satisfy tax withholding obligation.

F2: This option was exercisable in cumulative annual installments of 28,000 shares on May 21, 1999 through 2004, with the balance exercisable on May 21, 2005.

F3: Grant of option under Masco Corporation 1991 Long Term Stock Incentive Plan, in transactions exempt under Rule 16 b-3.