8-K

                      SECURITIES AND EXCHANGE COMMISSION
                           Washington, D. C. 20549


                                  FORM 8-K


               Current Report Pursuant to Section 13 or 15(d) of
                       The Securities Exchange Act of 1934


Date of Report:          August 11, 1995



                                MATTEL, INC.
                                ------------
           (Exact name of registrant as specified in its charter)


         Delaware                  001-05647                        95-1567322
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(State or other jurisdiction      (Commission                 (I.R.S. Employer
 of incorporation)                  File No.)              Identification No.)




333 Continental Boulevard, El Segundo, California                   90245-5012
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(Address of principal executive offices)                            (Zip Code)


Registrant's telephone number, including area code              (310) 252-2000
                                                  ----------------------------

                                   N/A
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       (Former name or former address, if changed since last report)




Item 5.         Other Events
- -------         ------------

                Mattel, Inc. hereby incorporates by reference herein its
                press release dated August 10, 1995, regarding its sale of
                its Corgi collectible model vehicle businesss, a copy of
                which is included as Exhibit 99.0 attached hereto.

Item 7.         Financial Statements and Exhibits
- -------         ---------------------------------

        (a)     Financial statements of businesses acquired:   None

        (b)     Pro forma financial information:   None

        (c)     Exhibits:

                99.0  Press release dated August 10, 1995.




                               SIGNATURES
                               ----------

        Pursuant to the requirements of the Securities Exchange Act of 1934,
        the registrant has duly caused this report to be signed on its behalf
        by the undersigned hereunto duly authorized.


                                              MATTEL, INC.
                                              Registrant

                                              By: /s/ Leland P. Smith
                                                  -------------------------
                                                  Leland P. Smith
        Date: August 11, 1995                     Assistant General Counsel
              ---------------

EX-99.0

FOR IMMEDIATE RELEASE                            CONTACT:  Glenn Bozarth
August 10, 1995                                             Mattel, Inc.
                                                           (310) 252-3521



           MATTEL SELLS CORGI COLLECTIBLE MODEL VEHICLE BUSINESS
           -----------------------------------------------------


LOS ANGELES, August 10 -- Mattel, Inc. today reported that it has sold the
non-toy business and worldwide trademark rights related to Corgi, the
United Kingdom's leading brand in collectible model vehicles.  A new
company, Corgi Classics Ltd., will market classic collectible model
vehicles under the Corgi name, while Mattel continues to sell former Corgi
toy products within its top-selling Hot Wheels toy vehicle business.

     The Corgi assets and rights were purchased for approximately $20
million in a management-led buy out backed by the UK-based venture capital
company CINVen.  Corgi Classics Ltd. will be headed by Chris Guest, who was
employed by Mattel as vice president-Corgi.

     Mattel, Inc. is the worldwide leader in the design, manufacture and
marketing of children's toys.  With headquarters in El Segundo, California,
Mattel has offices and facilities in 36 foreign countries and sells its
products in more than 140 nations throughout the world.




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