MATTEL INC /DE/ — Director's Dealing 2008

Mar 4, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MATTEL INC /DE/ (MAT)
CIK: 0000063276
Period of Report: 2008-02-29

Reporting Person: FARR KEVIN M (Chief Financial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2008-02-29	Common stock	M	50000	$10.375	Acquired	55000	Direct
2008-02-29	Common stock	S	100	$19.27	Disposed	54900	Direct
2008-02-29	Common stock	S	700	$19.28	Disposed	54200	Direct
2008-02-29	Common stock	S	2200	$19.29	Disposed	52000	Direct
2008-02-29	Common stock	S	1600	$19.30	Disposed	50400	Direct
2008-02-29	Common stock	S	200	$19.31	Disposed	50200	Direct
2008-02-29	Common stock	S	100	$19.32	Disposed	50100	Direct
2008-02-29	Common stock	S	300	$19.35	Disposed	49800	Direct
2008-02-29	Common stock	S	600	$19.36	Disposed	49200	Direct
2008-02-29	Common stock	S	900	$19.37	Disposed	48300	Direct
2008-02-29	Common stock	S	1900	$19.38	Disposed	46400	Direct
2008-02-29	Common stock	S	2200	$19.39	Disposed	44200	Direct
2008-02-29	Common stock	S	1000	$19.41	Disposed	43200	Direct
2008-02-29	Common stock	S	1600	$19.42	Disposed	41600	Direct
2008-02-29	Common stock	S	3200	$19.43	Disposed	38400	Direct
2008-02-29	Common stock	S	900	$19.44	Disposed	37500	Direct
2008-02-29	Common stock	S	200	$19.45	Disposed	37300	Direct
2008-02-29	Common stock	S	1900	$19.46	Disposed	35400	Direct
2008-02-29	Common stock	S	2700	$19.47	Disposed	32700	Direct
2008-02-29	Common stock	S	3400	$19.48	Disposed	29300	Direct
2008-02-29	Common stock	S	100	$19.49	Disposed	29200	Direct
2008-02-29	Common stock	S	800	$19.50	Disposed	28400	Direct
2008-02-29	Common stock	S	1600	$19.51	Disposed	26800	Direct
2008-02-29	Common stock	S	400	$19.52	Disposed	26400	Direct
2008-02-29	Common stock	S	600	$19.53	Disposed	25800	Direct
2008-02-29	Common stock	S	400	$19.54	Disposed	25400	Direct
2008-02-29	Common stock	S	400	$19.55	Disposed	25000	Direct
2008-02-29	Common stock	S	300	$19.56	Disposed	24700	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2008-02-29	Employee Stock Option - right to buy	$10.375	M	50000	Disposed	2010-02-01	Common stock (50000)	Direct

Footnotes

F1: Note to electronic filing: This is part one of a two-part electronic filing. Because the electronic Form 4 filing can only accomodate 30 rows in Table I, and there are more than 30 rows to be reported, additional rows of Table I appear in a separate electronic Form 4 filing.