Prospectus Filed Pursuant to Rule 424


 
Filed pursuant to Rule 424(b)(2)
File No. 33-54927

Pricing Supplement No. 4 dated December 6, 1994 (to Prospectus Supplement dated September 19, 1994 and Prospectus dated September 1, 1994).

MATTEL, INC.


Series A Medium-Term Notes

Due More Than Nine Months
From Date of Issue


Principal Amount:                                   US $7,500,000

Registered Holder:                                     Cede & Co.

Taxpayer Identification No.:

     Book Entry   xxx
     Certificated   ___

Fixed Rate Medium-Term Note:

     Specified Currency:                             U.S. Dollars
     Original Issue Date:                              12/09/1994
     Interest Accrual Date:                            12/09/1994
     Interest Rate:                                          8.5%
     Original Maturity Date:                           12/10/2001
     Final Maturity Date:                                     N/A
     Initial Redemption Date:                                 N/A
     Initial Redemption Percentage:                           N/A
     Annual Redemption Percentage Reduction:                  N/A
     Optional Repayment Date(s):                              N/A
     Applicability of Modified Payment Upon Acceleration:     N/A
          If yes, state Issue Price:
     Applicability of Annual Interest Payments:                No
     Total Amount of OID:                                    None
     Original Yield to Maturity:                              N/A
     Initial Accrual Redemption Date:                         N/A
     Record Date (if other than
       May 1 and November 1):                                 N/A
     Other Terms:                                            None

Floating Medium-Term Note:                                    N/A

     Specified Currency:
     Index Currency:
     Original Issue Date:
     Interest Accrual Date:
     Base Rate:
     Spread (Plus or Minus):
     Spread Multiplier:
     Alternate Rate Event Spread:
     Initial Interest Rate:
     Initial Interest Reset Date:
     Maximum Interest Rate:
     Minimum Interest Rate:
     Index Maturity:
     Interest Accrual Date:
     Interest Payment Date(s):
     Interest Payment Period:
     Interest Reset Period:
     Interest Reset Dates:
     Original Maturity Date:
     Final Maturity Date:
     Initial Redemption Date:
     Initial Redemption Percentage:
     Applicability of Modified Payment Upon Acceleration:
          If yes, state Issue Price:
     Annual Redemption Percentage Reduction:
     Optional Repayment Date(s):
     Calculation Agent:
     Total Amount of OID:
     Original Yield to Maturity:
     Initial Accrual Period OID:
     Other Terms: