MATTEL INC /DE/ — Director's Dealing 2005

Feb 24, 2005

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MATTEL INC /DE/ (MAT)
CIK: 0000063276
Period of Report: 2005-02-22

Reporting Person: ECKROTH JOSEPH (SVP & Chief Info Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2005-02-22	Common stock	M	50000	$10.75	Acquired	50000	Direct
2005-02-22	Common stock	S	50000	$20.7493	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2005-02-22	Stock option (right to buy)	$10.75	M	50000	Disposed	2010-08-21	Common stock (50000)	Direct