Summary of MATTEL INC /DE/

Item 8.01. Other Events.

On May 29, 2009, pursuant to the Mattel, Inc. ("Mattel" or the "Company") Guidelines Concerning Rule 10b5-1(c) Individual Trading Plans (the "Guidelines"), the following executives of Mattel each entered into separate individual Rule 10b5-1(c) trading plans (individually, a "Plan", and collectively, the "Plans") with a broker to sell shares of Mattel stock to be acquired upon exercise of employee stock options (the "Options"). The Options have a ten year term; some were granted in 1999, others in 2000, and all are nearing expiration. According to Mattel's Guidelines, the first sales under the Plans may not take place until June 29, 2009, 30 days after the date each executive adopted his or her plan:

                                                     Number of     Option       Date of        Plan
                                                     Shares in   Expiration   Adoption of   Termination
Name of Executive   Title of Executive                 Plan         Date         Plan          Date
Ellen Brothers      Executive Vice President,           26,000     11/04/09       5/29/09     3/30/2010
                    Mattel, Inc. and President,         62,500    3/30/2010
                    American Girl

Robert A. Eckert    Chairman of the Board and        2,000,000    5/16/2010       5/29/09     5/14/2010
                    Chief Executive Officer

Kevin M. Farr       Chief Financial Officer            175,000    3/30/2010       5/29/09     3/30/2010

Neil B. Friedman    President, Mattel Brands           150,000    3/30/2010       5/29/09     3/30/2010

Alan Kaye           Senior Vice President, Human        75,000    3/30/2010       5/29/09     3/30/2010
                    Resources

Robert Normile      Senior Vice President, General      25,000     2/1/2010       5/29/09     3/30/2010
                    Counsel and Secretary               75,000    3/30/2010

Bryan G. Stockton   President, International           125,000    11/7/2010       5/29/09     1/29/2010

The transactions under each Plan will be disclosed publicly through Form 144 and Form 4 filings with the Securities and Exchange Commission. Each Plan was adopted in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended, and with Mattel's Guidelines. Rule 10b5-1 permits individuals who are not in possession of material, non-public information at the time the plan is adopted to establish pre-arranged plans to buy or sell company stock. Using these plans, individuals can gradually diversify their investment portfolios over an extended period of time.