-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 Oxw7os6IfiU2hNRjlF6SEUw0qDUfg/y1uQ/1AqF+DpNiovUeINtr2rpjFFDXk69Q
 MzJdxhyTyR0M5fFZB9apuw==

<SEC-DOCUMENT>0001181431-10-006699.txt : 20100204
<SEC-HEADER>0001181431-10-006699.hdr.sgml : 20100204
<ACCEPTANCE-DATETIME>20100204163503
ACCESSION NUMBER:		0001181431-10-006699
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20100202
FILED AS OF DATE:		20100204
DATE AS OF CHANGE:		20100204

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:		10574533

	MAIL ADDRESS:	
		STREET 1:		C/O FLEXTRONICS INTERNATIONAL LTD
		STREET 2:		2090 FORTUNE DRIVE
		CITY:			SAN JOSE
		STATE:			CA
		ZIP:			95131

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			FLEXTRONICS INTERNATIONAL LTD.
		CENTRAL INDEX KEY:			0000866374
		STANDARD INDUSTRIAL CLASSIFICATION:	PRINTED CIRCUIT BOARDS [3672]
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			U0
		FISCAL YEAR END:			0331

	BUSINESS ADDRESS:	
		STREET 1:		ONE MARINA BOULEVARD, #28-00
		CITY:			SINGAPORE
		STATE:			U0
		ZIP:			018989
		BUSINESS PHONE:		(65) 6890 7188

	MAIL ADDRESS:	
		STREET 1:		ONE MARINA BOULEVARD, #28-00
		CITY:			SINGAPORE
		STATE:			U0
		ZIP:			018989

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	FLEXTRONICS INTERNATIONAL LTD
		DATE OF NAME CHANGE:	19940318

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	FLEX HOLDINGS PTE LTD
		DATE OF NAME CHANGE:	19940201
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>rrd264739.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0303</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2010-02-02</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>847 GIBRALTAR DRIVE</rptOwnerStreet2>
            <rptOwnerCity>MILPITAS</rptOwnerCity>
            <rptOwnerState>CA</rptOwnerState>
            <rptOwnerZipCode>95035</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>1</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle>Chief Executive Officer</officerTitle>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Ordinary Shares</value>
            </securityTitle>
            <transactionDate>
                <value>2010-02-02</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>J</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
                <footnoteId id="F1"/>
                <footnoteId id="F2"/>
                <footnoteId id="F3"/>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>656391</value>
                </transactionShares>
                <transactionPricePerShare>
                    <footnoteId id="F1"/>
                    <footnoteId id="F2"/>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>922803</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                    <footnoteId id="F4"/>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <derivativeTable>
        <derivativeTransaction>
            <securityTitle>
                <value>Forward Sale Contract (obligation to sell)</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <footnoteId id="F1"/>
                <footnoteId id="F2"/>
            </conversionOrExercisePrice>
            <transactionDate>
                <value>2010-02-02</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>J</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
                <footnoteId id="F1"/>
                <footnoteId id="F3"/>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>808561</value>
                    <footnoteId id="F1"/>
                    <footnoteId id="F2"/>
                </transactionShares>
                <transactionPricePerShare>
                    <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>808561</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>0</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                    <footnoteId id="F4"/>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeTransaction>
    </derivativeTable>

    <footnotes>
        <footnote id="F1">Reflects the settlement of a prepaid variable share forward contract (the &quot;Forward Contract&quot;) that the Reporting Person entered into on November 3, 2008 with an unrelated third party. The Forward Contract covered up to 808,561 ordinary shares of the Issuer and had a maturity date of February 2, 2010. On the maturity date, the Reporting Person became obligated to settle the Forward Contract by delivering 656,391 ordinary shares.  Upon entering into the Forward Contract on November 3, 2008, the Reporting Person received a cash payment of approximately $2,840,000.</footnote>
        <footnote id="F2">The Forward Contract provided that, at maturity, subject to a cash settlement option, the Reporting Person was required to deliver a number of ordinary shares equal to (i) 808,561 if the per share trading value of the ordinary shares at settlement was $4.28 or less, (ii) 808,561 multiplied by a fraction, the numerator of which is $4.28 and the denominator of which was the per share trading value at settlement, if the per share trading value at settlement was between $4.28 and $5.57, and (iii) 808,561 multiplied by a fraction, the numerator of which was the sum of $4.28 plus the difference between the per share trading value at settlement and $5.57, and the denominator of which was the per share trading value at settlement, if the per share trading value at settlement was $5.57 or more.</footnote>
        <footnote id="F3">Transaction Code K also applies.</footnote>
        <footnote id="F4">The shares are held by the McNamara Family Trust.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Michael McNamara, by Carrie Schiff as attorney-in-fact</signatureName>
        <signatureDate>2010-02-04</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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