SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person* Tan Peter (Last) (First) (Middle) C/O FLEXTRONICS INTERNATIONAL LTD. 2 CHANGI SOUTH LANE (Street) SINGAPORE U0 486123 (City) (State) (Zip)	2. Date of Event Requiring Statement (Month/Day/Year) 01/24/2005	3. Issuer Name and Ticker or Trading Symbol FLEXTRONICS INTERNATIONAL LTD [ FLEX ]
		4. Relationship of Reporting Person(s) to Issuer (Check all applicable) Director 10% Owner X Officer (give title below) Other (specify below) Executive Vice President, Asia	5. If Amendment, Date of Original Filed (Month/Day/Year)
			6. Individual or Joint/Group Filing (Check Applicable Line) X Form filed by One Reporting Person Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Ordinary Shares	16,000	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Option (Right to Buy)	(1)	12/20/2010	Ordinary Shares	15,000	$23.1875	D
Stock Option (Right to Buy)	(1)	06/15/2011	Ordinary Shares	15,000	$21.76	D
Stock Option (Right to Buy)	(1)	07/06/2011	Ordinary Shares	750	$23.02	D
Stock Option (Right to Buy)	(1)	01/09/2014	Ordinary Shares	125,000	$16.57	D
Stock Option (Right to Buy)	(2)	07/01/2003	Ordinary Shares	50,000	$10.34	D
Stock Option (Right to Buy)	(1)	04/01/2014	Ordinary Shares	100,000	$17.37	D
Stock Option (Right to Buy)	(1)	09/28/2014	Ordinary Shares	100,000	$13.18	D
Stock Option (Right to Buy)	(2)	10/29/2014	Ordinary Shares	150,000	$12.05	D
Stock Option (Right to Buy)	(3)	07/01/2012	Ordinary Shares	62,500	$5.88	D
Restricted Stock Award	(4)	07/01/2007	Ordinary Shares	18,000	$0.00	D

Explanation of Responses:

1. The option is immediately exercisable and fully vested as of January 17, 2005.

2. The option vests and becomes exercisable with respect to 25% of the shares one year after the date of grant and thereafter continues to vest and become exercisable as to 1/36th of the remaining shares each month thereafter.

3. As of the last vesting date, 25,498 of the shares are vested and exercisable. The remaining shares vest and become exercisable in equal monthly installments through July 1, 2006.

4. The award vests over a period of three years in equal yearly installments.

	Patricia Doherty on behalf of Peter Tan	01/31/2005
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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