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 *
SMITHBURG WILLIAM D
   2. Issuer Name and Ticker or Trading Symbol
ABBOTT LABORATORIES [ABT] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last)
(First)
(Middle)
676 NORTH MICHIGAN, SUITE 3860		 3. Date of Earliest Transaction (Month/Day/Year)
12/19/2006
(Street)

CHICAGO, IL 60611		 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 12/19/2006   M   1,617 A $ 26.8783 57,273 D  
Common shares without par value 12/19/2006   M   1,191 A $ 31.427 58,464 D  
Common shares without par value 12/19/2006   M   1,238 A $ 30.2428 59,702 D  
Common shares without par value 12/19/2006   M   2,483 A $ 30.1958 62,185 D  
Common shares without par value 12/19/2006   M   1,017 A $ 42.72 63,202 D  
Common shares without par value 12/19/2006   F   4,916 D $ 48.13 58,286 D  
Common shares without par value               3,309 (1) I By Eagle Pines, LLC

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) $ 26.8783 12/19/2006   M     1,617 03/31/1997 03/30/2007 Common shares 1,617 $ 0 0 D  
Option (right to buy) (2) $ 31.427 12/19/2006   M     1,191 06/30/1997 06/29/2007 Common shares 1,191 $ 0 0 D  
Option (right to buy) (2) $ 30.2428 12/19/2006   M     1,238 09/30/1997 09/29/2007 Common shares 1,238 $ 0 0 D  
Option (right to buy) (2) $ 30.1958 12/19/2006   M     2,483 10/10/1997 10/09/2007 Common shares 2,483 $ 0 0 D  
Option (right to buy) (2) $ 42.72 12/19/2006   M     1,017 12/14/2006 12/30/2006 Common shares 1,017 $ 0 0 D  
Option (right to buy) (2) $ 48.13 12/19/2006   A   777   06/20/2007 06/29/2007 Common shares 777 $ 0 777 D  
Option (right to buy) (2) $ 48.13 12/19/2006   A   777   06/20/2007 09/29/2007 Common shares 777 $ 0 777 D  
Option (right to buy) (2) $ 48.13 12/19/2006   A   1,557   06/20/2007 10/09/2007 Common shares 1,557 $ 0 1,557 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
SMITHBURG WILLIAM D
676 NORTH MICHIGAN
SUITE 3860
CHICAGO, IL 60611		   X      

Signatures

 Deborah Koenen, by power of attorney for William D. Smithburg   12/21/2006
**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 reflects the entire number of shares held by partnership. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.
(2) Stock option granted pursuant to the Abbott Laboratories 1996 Incentive Stock Program. It includes a replacement option feature.

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