MATTEL INC /DE/ — Director's Dealing 2008

Mar 27, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MATTEL INC /DE/ (MAT)
CIK: 0000063276
Period of Report: 2008-03-26

Reporting Person: ECKERT ROBERT (Director, Chairman & CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2008-03-26	Common stock	M	77860	$11.25	Acquired	77860	Direct
2008-03-26	Common stock	S	31560	$21.25	Disposed	46300	Direct
2008-03-26	Common stock	S	10800	$21.26	Disposed	35500	Direct
2008-03-26	Common stock	S	10100	$21.27	Disposed	25400	Direct
2008-03-26	Common stock	S	10900	$21.28	Disposed	14500	Direct
2008-03-26	Common stock	S	4900	$21.29	Disposed	9600	Direct
2008-03-26	Common stock	S	1000	$21.30	Disposed	8600	Direct
2008-03-26	Common stock	S	800	$21.31	Disposed	7800	Direct
2008-03-26	Common stock	S	1000	$21.32	Disposed	6800	Direct
2008-03-26	Common stock	S	2200	$21.33	Disposed	4600	Direct
2008-03-26	Common stock	S	500	$21.34	Disposed	4100	Direct
2008-03-26	Common stock	S	900	$21.35	Disposed	3200	Direct
2008-03-26	Common stock	S	200	$21.36	Disposed	3000	Direct
2008-03-26	Common stock	S	3000	$21.41	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2008-03-26	Employee Stock Option - right to buy	$11.25	M	77860	Disposed	2010-05-16	Common stock (77860)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common stock	5000	Indirect

Footnotes

F1: The exercise occurred pursuant to a trading plan designed to comply with Rule 10b5-1.

F2: The sale occurred pursuant to a trading plan designed to comply with Rule 10b5-1.

F3: The Eckert Family Trust dated January 31, 2002; Robert A. Eckert and Kathleen M. Eckert, trustees.