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 *
Tyree James L
  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)
Senior Vice President
(Last)
(First)
(Middle)
100 ABBOTT PARK ROAD
3. Date of Earliest Transaction (Month/Day/Year)
06/01/2007
(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 06/01/2007   M   14,491 A $ 49.2456 134,421 D  
Common shares without par value 06/01/2007   M   2,429 A $ 41.1445 136,850 D  
Common shares without par value 06/01/2007   M   153 A $ 41.5392 137,003 D  
Common shares without par value 06/01/2007   M   3,958 A $ 49.5463 140,961 D  
Common shares without par value 06/01/2007   M   4,549 A $ 43.5128 145,510 D  
Common shares without par value 06/01/2007   M   9,217 A $ 46.42 154,727 D  
Common shares without par value 06/01/2007   S   34,797 D $ 56.6243 119,930 D  
Common shares without par value 06/01/2007   S   13,333 D $ 56.6243 106,597 D  
Common shares without par value               1,148 (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) $ 49.2456 06/01/2007   M     6,069 11/10/2002 06/29/2007 common shares 6,069 $ 0 0 D  
Option (right to buy) (2) $ 41.1445 06/01/2007   M     2,429 06/03/2003 06/29/2007 common shares 2,429 $ 0 0 D  
Option (right to buy) (2) $ 41.5392 06/01/2007   M     153 06/02/2004 06/29/2007 common shares 153 $ 0 0 D  
Option (right to buy) (2) $ 49.5463 06/01/2007   M     3,958 10/14/1999 12/30/2007 common shares 3,958 $ 0 0 D  
Option (right to buy) (2) $ 49.2456 06/01/2007   M     8,422 11/10/2002 12/30/2007 common shares 8,422 $ 0 0 D  
Option (right to buy) (2) $ 43.5128 06/01/2007   M     4,549 06/24/2004 02/12/2008 common shares 4,549 $ 0 0 D  
Option (right to buy) (2) $ 46.42 06/01/2007   M     9,217 06/28/2005 02/12/2008 common shares 9,217 $ 0 0 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
Tyree James L
100 ABBOTT PARK ROAD
ABBOTT PARK, IL 60064-6400
      Senior Vice President  

Signatures

 Deborah K. Koenen, by power of attorney for James L. Tyree   06/05/2007
**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 June 1, 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.
 
Remarks:
These transactions were made pursuant to two previously adopted plans complying with Rule 10b5-1(c).  The plans were adopted on February 8, 2007 and May 24, 2007 (amended on May 29, 2007).

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