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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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MIC-Info: RSA-MD5,RSA,
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<SEC-DOCUMENT>0001181431-05-056353.txt : 20051012
<SEC-HEADER>0001181431-05-056353.hdr.sgml : 20051012
<ACCEPTANCE-DATETIME>20051012160825
ACCESSION NUMBER:		0001181431-05-056353
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20051010
FILED AS OF DATE:		20051012
DATE AS OF CHANGE:		20051012

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			FLEXTRONICS INTERNATIONAL LTD
		CENTRAL INDEX KEY:			0000866374
		STANDARD INDUSTRIAL CLASSIFICATION:	PRINTED CIRCUIT BOARDS [3672]
		IRS NUMBER:				000000000
		FISCAL YEAR END:			0331

	BUSINESS ADDRESS:	
		STREET 1:		11 UBI ROAD 1
		STREET 2:		#07 01 02 MEIBAN INDUSTRIAL BLDG
		CITY:			SINGAPORE
		STATE:			U0
		ZIP:			408723
		BUSINESS PHONE:		0654495255

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	FLEX HOLDINGS PTE LTD
		DATE OF NAME CHANGE:	19940201

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			MCNAMARA MICHAEL M
		CENTRAL INDEX KEY:			0001261031

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-23354
		FILM NUMBER:		051135141

	MAIL ADDRESS:	
		STREET 1:		C/O FLEXTRONICS INTERNATIONAL LTD
		STREET 2:		2090 FORTUNE DRIVE
		CITY:			SAN JOSE
		STATE:			CA
		ZIP:			95131
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>rrd94511.xml
<DESCRIPTION>10/10/05 MATURITY OF VARIABLE SHARE FORWARD CONTRACT
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0202</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2005-10-10</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0000866374</issuerCik>
        <issuerName>FLEXTRONICS INTERNATIONAL LTD</issuerName>
        <issuerTradingSymbol>FLEX</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001261031</rptOwnerCik>
            <rptOwnerName>MCNAMARA MICHAEL M</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O FLEXTRONICS INTERNATIONAL USA INC.</rptOwnerStreet1>
            <rptOwnerStreet2>2090 FORTUNE DRIVE</rptOwnerStreet2>
            <rptOwnerCity>SAN JOSE</rptOwnerCity>
            <rptOwnerState>CA</rptOwnerState>
            <rptOwnerZipCode>95131</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>1</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle>Chief Operating Officer</officerTitle>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Ordinary Shares</value>
            </securityTitle>
            <transactionDate>
                <value>2005-10-10</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>J</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
                <footnoteId id="F1"/>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>25000</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>0</value>
                    <footnoteId id="F1"/>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>597547</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <derivativeTable>
        <derivativeTransaction>
            <securityTitle>
                <value>Forward Sale Contract</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <footnoteId id="F1"/>
                <footnoteId id="F2"/>
            </conversionOrExercisePrice>
            <transactionDate>
                <value>2005-10-10</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>X</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
                <footnoteId id="F1"/>
                <footnoteId id="F3"/>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>25000</value>
                    <footnoteId id="F1"/>
                    <footnoteId id="F2"/>
                </transactionShares>
                <transactionPricePerShare>
                    <value>0</value>
                    <footnoteId id="F1"/>
                    <footnoteId id="F2"/>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <exerciseDate>
                <footnoteId id="F1"/>
            </exerciseDate>
            <expirationDate>
                <footnoteId id="F1"/>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Ordinary Shares</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>25000</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>0</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeTransaction>
    </derivativeTable>

    <footnotes>
        <footnote id="F1">This Report on Form 4 relates to the settlement of a prepaid variable share forward contract (the &quot;Forward Contract&quot;) that the Reporting Person and his wife entered into on October 9, 2002 with an unrelated third party, and with respect to which the Reporting Person filed a Form 4 with the SEC on October 11, 2002.  The Forward Contract covered up to 25,000 ordinary shares of the Issuer and had a maturity date of October 10, 2005.  On the maturity date, the Reporting Person and his wife became obligated to settle the Forward Contract by delivering 25,000 ordinary shares on October 13, 2005. Under the Forward Contract, on October 9, 2002, the Reporting Person and his wife received a cash payment of $259,125.</footnote>
        <footnote id="F2">The Forward Contract provided that, at maturity, subject to a cash settlement option, the Reporting Person and his wife were required to deliver a number of ordinary shares equal to (i) 25,000 shares if the closing price per share on the maturity date was equal to or less than $15.00, (ii) 25,000 shares multiplied by a fraction, the numerator of which is $15.00 and the denominator of which is the closing price per share on the maturity date, if the closing price per share on the maturity date was less than $30.00 but greater than $15.00, and (iii) 25,000 shares multiplied by a fraction, the numerator of which is $15.00 plus the difference between the closing price per share on the maturity date and $30.00, and the denominator of which is the closing price per share on the maturity date, if the closing price per share on the maturity date was $30.00 or greater.</footnote>
        <footnote id="F3">Transaction Code K also applies to this transaction.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Timothy Stewart, as Attorney-in-Fact</signatureName>
        <signatureDate>2005-10-12</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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