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: 2003-10-22

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2003-10-22	Common Stock	S	100	$38.65	Disposed	623247	Direct
2003-10-22	Common Stock	S	200	$38.66	Disposed	623047	Direct
2003-10-22	Common Stock	S	100	$38.67	Disposed	622947	Direct
2003-10-22	Common Stock	S	500	$38.68	Disposed	622447	Direct
2003-10-22	Common Stock	S	200	$38.69	Disposed	622247	Direct
2003-10-22	Common Stock	S	4600	$38.70	Disposed	617647	Direct
2003-10-22	Common Stock	S	800	$38.72	Disposed	616847	Direct
2003-10-22	Common Stock	S	500	$38.75	Disposed	616347	Direct
2003-10-22	Common Stock	S	457	$38.79	Disposed	615890	Direct
2003-10-22	Common Stock	S	100	$38.80	Disposed	615790	Direct
2003-10-23	Common Stock	S	5700	$35.50	Disposed	610090	Direct
2003-10-23	Common Stock	S	500	$35.70	Disposed	609590	Direct
2003-10-23	Common Stock	S	300	$35.72	Disposed	609290	Direct
2003-10-23	Common Stock	S	800	$35.75	Disposed	608490	Direct
2003-10-23	Common Stock	S	400	$35.80	Disposed	608090	Direct
2003-10-23	Common Stock	S	1000	$35.85	Disposed	607090	Direct
2003-10-23	Common Stock	S	1000	$35.90	Disposed	606090	Direct
2003-10-23	Common Stock	S	300	$35.92	Disposed	605790	Direct
2003-10-23	Common Stock	S	1000	$35.95	Disposed	604790	Direct
2003-10-23	Common Stock	S	13012	$36.00	Disposed	591778	Direct
2003-10-23	Common Stock	S	1200	$36.04	Disposed	590578	Direct
2003-10-23	Common Stock	S	1700	$36.05	Disposed	588878	Direct
2003-10-23	Common Stock	S	500	$36.06	Disposed	588378	Direct
2003-10-23	Common Stock	S	5000	$36.10	Disposed	583378	Direct
2003-10-23	Common Stock	S	2500	$36.15	Disposed	580878	Direct
2003-10-23	Common Stock	S	1200	$36.20	Disposed	579678	Direct
2003-10-23	Common Stock	S	9970	$36.30	Disposed	569708	Direct
2003-10-23	Common Stock	S	100	$36.31	Disposed	569608	Direct
2003-10-23	Common Stock	S	300	$36.32	Disposed	569308	Direct
2003-10-23	Common Stock	S	2300	$36.35	Disposed	567008	Direct