TERADYNE, INC — Director's Dealing 2003

Aug 27, 2003

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TERADYNE INC (TER)
CIK: 0000097210
Period of Report: 2003-08-26

Reporting Person: MACDONALD G RICHARD (Corporate Controller)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2003-08-26	Common Shares	M	10000	$9.5938	Acquired	33396	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2003-08-26	Non-Qualified Stock Option (Right to Buy)	$9.5938	M	10000	Disposed	2003-08-27	Common Shares (10000)	Direct

Footnotes

F1: This option is granted under Teradyne's 1997 Employee Stock Option Plan, as amended, and is exerciseable at a rate of 20% on 8/27/98 and 20% per year thereafter commencing on 8/27/99.