TEREX CORP — Director's Dealing 2003

May 22, 2003

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TEREX CORP (TEX)
CIK: 0000097216
Period of Report: 2003-05-21

Reporting Person: SACHS DAVID A (Director)

Footnotes

F1: Shares represent payment of meeting fees which were purchased through the Company's deferred compensation plan.

F2: Price is as of March 31, 2003, the date the director was entitled to receive his meeting fees retainer.

F3: Represents number of shares beneficially owned as of May 21, 2003.