TEXAS INSTRUMENTS INC — Director's Dealing 2003

Oct 31, 2003

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TEXAS INSTRUMENTS INC (TXN)
CIK: 0000097476
Period of Report: 2003-10-30

Reporting Person: LEE CHUNG SHING (SR. VICE PRESIDENT)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2003-10-30	Common Stock	M	10000	$8.47	Acquired	105462.74	Direct
2003-10-30	Common Stock	S	10000	$29.24	Disposed	95462.74	Direct
2003-10-31	Common Stock	M	20000	$8.47	Acquired	115462.74	Direct
2003-10-31	Common Stock	S	20000	$29.32	Disposed	95462.74	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2003-10-30	NQ Stock Option (right to buy)	$8.47	M	10000	Disposed	2007-01-15	Common Stock (10000)	Direct
2003-10-31	NQ Stock Option (right to buy)	$8.47	M	20000	Disposed	2007-01-15	Common Stock (20000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	10089.39	Indirect
Common Stock	261.07	Indirect

Footnotes

F1: Estimated shares attributable to TI Universal Profit Sharing account as of 12-31-02. (Interests in this account are denominated in units. Consequently, share amount shown is an estimate.) This statement does not include changes in beneficial ownership of shares held in such account occurring after 12-31-02 that are eligible for deferred reporting on Form 5.

F2: Estimated shares attributable to TI Employee Cash or Deferred Compensation Account as of 12-31-02. (Interests in this account are denominated in units. Consequently, share amount shown is an estimate.) This statement does not include changes in beneficial ownership of shares held in such account occurring after 12-31-02 that are eligible for deferred reporting on Form 5.

F3: The option becomes exercisable in four equal annual installments beginning on January 15, 1998.