
Intel's Annual Meeting of Stockholders is scheduled for May 21, 1997. As with this electronic version of Intel's Annual Report to Stockholders, there is also an electronic version of the Notice of Annual Meeting of Stockholders
and Proxy Statement. This year our stockholders directly registered on the records of our transfer agent, Computershare Investor Services, have been given the opportunity to receive the annual report and the proxy statement in electronic form only. We do not yet have a system for electronic voting; all stockholders will receive paper proxy ballots for their use.

For investor information, including additional annual reports, 10-Ks, 10-Qs or any other financial literature, please contact Computershare Investor Services, L.L.C., in the U.S. at (800) 298-0146 or (312) 461-5545; or the Company in Europe: (44) 1793 403 000; in Hong Kong: (852) 2844-4555; and in Japan: (81) 298-47-8511.

Intel's Common Stock and 1998 Step-Up Warrants trade on The Nasdaq Stock Market* under the symbols INTC and INTCW, respectively.

Intel's home page on the World Wide Web contains background on the Company and its products, financial information, job listings and this online annual report, as well as other useful information. Specific information of interest to investors can be found at www.intc.com.

Intel's Dividend Reinvestment Program allows stockholders to reinvest dividends and contribute additional cash to purchase Intel Common Stock on an occasional or monthly basis. For more information, call Intel's transfer agent, Computershare Investor Services, L.L.C., at (800) 298-0146 or (312) 461-5545.

Computershare Investor Services, L.L.C., 2 North LaSalle Street, P.O. Box A3504, Chicago, IL 60690-3504. Stockholders and warrantholders may call (800) 298-0146 or (312) 461-3309 with any questions regarding transfer of ownership of Intel stock and warrants.

Ernst & Young LLP, San Jose, California.

This was an outstanding year for Intel in reducing injuries
to employees in the workplace. Over the past three years, Intel has reduced the recordable injury rate 68 percent and the lost-day case rate 75 percent. Injury rates for new-construction contractors during the same period have been reduced by 80 percent.
Intel's Craig Barrett and Carol Browner, administrator of the U.S. Environmental Protection Agency, signed an agreement for Intel's Project XL (eXcellence and Leadership) for Fab 12 in Chandler, Arizona. Project XL is a key component of President Clinton's vision of "regulatory reinvention" to promote superior environmental performance with more community participation and lower administrative costs.
Please see our Environmental, Health and Safety at Intel report at www.intel.com/intel/other/ehs/index.htm. For a printed copy, call (800) 753-9754 extension 348 or (847) 296-9333 extension 348.

We strive to be a workplace of choice in which people of diverse backgrounds are valued, challenged, acknowledged and rewarded, leading to increasingly higher levels of fulfillment and productivity. For more information, see our Workplace of Choice report at www.intel.com/intel/community/workplace.