NVE CORP /NEW/ — Director's Dealing 2003

Oct 24, 2003

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NVE CORP /NEW/ (NVEC)
CIK: 0000724910
Period of Report: 2003-10-23

Reporting Person: WELLS FARGO & CO/MN (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2003-10-23	Common Stock	S	100	$36.38	Disposed	566908	Direct
2003-10-23	Common Stock	S	318	$36.40	Disposed	566590	Direct
2003-10-23	Common Stock	S	5600	$36.50	Disposed	560990	Direct
2003-10-23	Common Stock	S	600	$36.51	Disposed	560390	Direct
2003-10-23	Common Stock	S	800	$36.55	Disposed	559590	Direct
2003-10-23	Common Stock	S	600	$36.60	Disposed	558990	Direct
2003-10-23	Common Stock	S	100	$36.61	Disposed	558890	Direct
2003-10-23	Common Stock	S	2900	$36.70	Disposed	555990	Direct
2003-10-23	Common Stock	S	3500	$37.20	Disposed	552490	Direct
2003-10-23	Common Stock	S	1300	$37.21	Disposed	551190	Direct
2003-10-23	Common Stock	S	200	$37.22	Disposed	550990	Direct
2003-10-23	Common Stock	S	2000	$37.32	Disposed	548990	Direct
2003-10-23	Common Stock	S	100	$37.40	Disposed	548890	Direct
2003-10-23	Common Stock	S	500	$37.45	Disposed	548390	Direct
2003-10-23	Common Stock	S	300	$37.47	Disposed	548090	Direct
2003-10-23	Common Stock	S	1945	$37.50	Disposed	546145	Direct
2003-10-23	Common Stock	S	800	$37.51	Disposed	545345	Direct
2003-10-23	Common Stock	S	200	$37.52	Disposed	545145	Direct
2003-10-23	Common Stock	S	300	$37.53	Disposed	544845	Direct
2003-10-23	Common Stock	S	100	$37.55	Disposed	544745	Direct
2003-10-23	Common Stock	S	100	$37.60	Disposed	544645	Direct
2003-10-23	Common Stock	S	455	$37.66	Disposed	544190	Direct
2003-10-23	Common Stock	S	100	$37.70	Disposed	544090	Direct
2003-10-23	Common Stock	S	2900	$37.75	Disposed	541190	Direct
2003-10-23	Common Stock	S	100	$37.80	Disposed	541090	Direct
2003-10-23	Common Stock	S	300	$37.85	Disposed	540790	Direct
2003-10-24	Common Stock	S	1750	$35.10	Disposed	539040	Direct
2003-10-24	Common Stock	S	300	$35.11	Disposed	538740	Direct
2003-10-24	Common Stock	S	950	$35.50	Disposed	537790	Direct
2003-10-24	Common Stock	S	1200	$35.51	Disposed	536590	Direct