MATTEL INC /DE/ — Director's Dealing 2008

Mar 26, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MATTEL INC /DE/ (MAT)
CIK: 0000063276
Period of Report: 2008-03-24

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2008-03-24	Common stock	S	400	$21.64	Disposed	198049	Direct
2008-03-24	Common stock	S	1100	$21.65	Disposed	196949	Direct
2008-03-24	Common stock	S	6100	$21.66	Disposed	190849	Direct
2008-03-24	Common stock	S	1700	$21.67	Disposed	189149	Direct
2008-03-24	Common stock	S	900	$21.68	Disposed	188249	Direct
2008-03-24	Common stock	S	1600	$21.69	Disposed	186649	Direct
2008-03-24	Common stock	S	5000	$21.74	Disposed	181649	Direct
2008-03-24	Common stock	S	1200	$21.75	Disposed	180449	Direct
2008-03-24	Common stock	S	4300	$21.76	Disposed	176149	Direct
2008-03-24	Common stock	S	8200	$21.77	Disposed	167949	Direct
2008-03-24	Common stock	S	15200	$21.78	Disposed	152749	Direct
2008-03-24	Common stock	S	17000	$21.79	Disposed	135749	Direct
2008-03-24	Common stock	S	21100	$21.80	Disposed	114649	Direct
2008-03-24	Common stock	S	7700	$21.81	Disposed	106949	Direct
2008-03-24	Common stock	S	9100	$21.82	Disposed	97849	Direct
2008-03-24	Common stock	S	15200	$21.83	Disposed	82649	Direct
2008-03-24	Common stock	S	15400	$21.84	Disposed	67249	Direct
2008-03-24	Common stock	S	24049	$21.85	Disposed	43200	Direct
2008-03-24	Common stock	S	14300	$21.86	Disposed	28900	Direct
2008-03-24	Common stock	S	14700	$21.87	Disposed	14200	Direct
2008-03-24	Common stock	S	6900	$21.88	Disposed	7300	Direct
2008-03-24	Common stock	S	7000	$21.89	Disposed	300	Direct
2008-03-24	Common stock	S	300	$21.90	Disposed	0	Direct
2008-03-25	Common stock	M	311649	$11.25	Acquired	311649	Direct
2008-03-25	Common stock	S	16700	$21.45	Disposed	294949	Direct
2008-03-25	Common stock	S	6300	$21.46	Disposed	288649	Direct
2008-03-25	Common stock	S	5200	$21.47	Disposed	283449	Direct
2008-03-25	Common stock	S	15200	$21.48	Disposed	268249	Direct
2008-03-25	Common stock	S	22600	$21.49	Disposed	245649	Direct
2008-03-25	Common stock	S	28300	$21.50	Disposed	217349	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2008-03-25	Employee Stock Option - right to buy	$11.25	M	311649	Disposed	2010-05-16	Common stock (311649)	Direct

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: Note to electronic filing: This is part two of a four-part electronic filing. Because the electronic Form 4 filing can only accommodate 30 rows in Table I, and there are more than 90 rows to be reported, additional rows of Table I appear in three other separate electronic Form 4 filings.