Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
Schumacher Laura J
  2. Issuer Name and Ticker or Trading Symbol
ABBOTT LABORATORIES [ABT]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Executive Vice President
(Last)
(First)
(Middle)
100 ABBOTT PARK ROAD
3. Date of Earliest Transaction (Month/Day/Year)
12/06/2007
(Street)

ABBOTT PARK, IL 60064-6400
4. If Amendment, Date 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
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common shares without par value 12/06/2007   M   3,312 A $ 32.6111 120,836 D  
Common shares without par value 12/06/2007   M   3,050 A $ 33.2314 123,886 D  
Common shares without par value 12/06/2007   M   3,008 A $ 42.4978 126,894 D  
Common shares without par value 12/06/2007   M   2,454 A $ 41.0317 129,348 D  
Common shares without par value 12/06/2007   M   2,200 A $ 45.4488 131,548 D  
Common shares without par value 12/06/2007   F   9,246 D $ 58.16 122,302 D  
Common shares without par value               5,021 (1) I Profit Sharing Trust

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(Month/Day/Year)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Option (right to buy) (2) $ 32.6111 12/06/2007   M     3,312 02/11/2003 02/10/2010 Common shares 3,312 $ 0 0 D  
Option (right to buy) (2) $ 33.2314 12/06/2007   M     3,050 02/14/2006 02/13/2013 Common shares 3,050 $ 0 0 D  
Option (right to buy) (2) $ 42.4978 12/06/2007   M     3,008 02/12/2002 02/11/2009 Common shares 3,008 $ 0 3,482 D  
Option (right to buy) (2) $ 41.0317 12/06/2007   M     2,454 02/20/2007 02/19/2014 Common shares 2,454 $ 0 24,146 D  
Option (right to buy) (2) $ 45.4488 12/06/2007   M     2,200 02/09/2004 02/08/2011 Common shares 2,200 $ 0 13,228 D  
Option (right to buy) (2) $ 58.16 12/06/2007   A   1,857   06/07/2008 02/10/2010 Common shares 1,857 $ 0 1,857 D  
Option (right to buy) (2) $ 58.16 12/06/2007   A   1,742   06/07/2008 02/13/2013 Common shares 1,742 $ 0 1,742 D  
Option (right to buy) (2) $ 58.16 12/06/2007   A   2,197   06/07/2008 02/11/2009 Common shares 2,197 $ 0 2,197 D  
Option (right to buy) (2) $ 58.16 12/06/2007   A   1,731   06/07/2008 02/19/2014 Common shares 1,731 $ 0 1,731 D  
Option (right to buy) (2) $ 58.16 12/06/2007   A   1,719   06/07/2008 02/08/2011 Common shares 1,719 $ 0 1,719 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
Schumacher Laura J
100 ABBOTT PARK ROAD
ABBOTT PARK, IL 60064-6400
      Executive Vice President  

Signatures

 Deborah K. Koenen by power of attorney for Laura J. Schumacher   12/10/2007
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(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).
(1) Balance in the Abbott Laboratories Stock Retirement Trust as of December 6, 2007
(2) Employee stock option granted pursuant to the Abbott Laboratories 1996 Incentive Stock Program, including a replacement option feature, in a transaction exempt from Section 16(b) under Rule 16b-3.

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