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	700	$37.80	Disposed	763890	Direct
2003-10-22	Common Stock	S	100	$37.82	Disposed	763790	Direct
2003-10-22	Common Stock	S	200	$37.84	Disposed	763590	Direct
2003-10-22	Common Stock	S	2300	$37.86	Disposed	761290	Direct
2003-10-22	Common Stock	S	200	$37.88	Disposed	761090	Direct
2003-10-22	Common Stock	S	24200	$38.00	Disposed	736890	Direct
2003-10-22	Common Stock	S	2600	$38.05	Disposed	734290	Direct
2003-10-22	Common Stock	S	10000	$38.10	Disposed	724290	Direct
2003-10-22	Common Stock	S	8000	$38.20	Disposed	716290	Direct
2003-10-22	Common Stock	S	21500	$38.25	Disposed	694790	Direct
2003-10-22	Common Stock	S	16800	$38.26	Disposed	677990	Direct
2003-10-22	Common Stock	S	200	$38.28	Disposed	677790	Direct
2003-10-22	Common Stock	S	3000	$38.30	Disposed	674790	Direct
2003-10-22	Common Stock	S	900	$38.31	Disposed	673890	Direct
2003-10-22	Common Stock	S	500	$38.32	Disposed	673390	Direct
2003-10-22	Common Stock	S	300	$38.35	Disposed	673090	Direct
2003-10-22	Common Stock	S	400	$38.36	Disposed	672690	Direct
2003-10-22	Common Stock	S	6900	$38.40	Disposed	665790	Direct
2003-10-22	Common Stock	S	100	$38.43	Disposed	665690	Direct
2003-10-22	Common Stock	S	1000	$38.45	Disposed	664690	Direct
2003-10-22	Common Stock	S	100	$38.46	Disposed	664590	Direct
2003-10-22	Common Stock	S	1100	$38.48	Disposed	663490	Direct
2003-10-22	Common Stock	S	100	$38.49	Disposed	663390	Direct
2003-10-22	Common Stock	S	32100	$38.50	Disposed	631290	Direct
2003-10-22	Common Stock	S	2000	$38.51	Disposed	629290	Direct
2003-10-22	Common Stock	S	500	$38.52	Disposed	628790	Direct
2003-10-22	Common Stock	S	2500	$38.53	Disposed	626290	Direct
2003-10-22	Common Stock	S	100	$38.54	Disposed	626190	Direct
2003-10-22	Common Stock	S	1843	$38.61	Disposed	624347	Direct
2003-10-22	Common Stock	S	1000	$38.62	Disposed	623347	Direct