MATTEL INC /DE/ — Director's Dealing 2008

Mar 24, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MATTEL INC /DE/ (MAT)
CIK: 0000063276
Period of Report: 2008-03-20

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2008-03-20	Common stock	M	298842	$11.25	Acquired	298842	Direct
2008-03-20	Common stock	S	268358	$21.25	Disposed	30484	Direct
2008-03-20	Common stock	S	16284	$21.26	Disposed	14200	Direct
2008-03-20	Common stock	S	6000	$21.27	Disposed	8200	Direct
2008-03-20	Common stock	S	6200	$21.28	Disposed	2000	Direct
2008-03-20	Common stock	S	1000	$21.29	Disposed	1000	Direct
2008-03-20	Common stock	S	1000	$21.2932	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2008-03-20	Employee Stock Option - right to buy	$11.25	M	298842	Disposed	2010-05-16	Common stock (298842)	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