Ownership Submission
FORM 3
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF 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 *
  Horner Digby
2. Date of Event Requiring Statement (Month/Day/Year)
03/23/2005
3. Issuer Name and Ticker or Trading Symbol
ADOBE SYSTEMS INC [ADBE]
(Last)
(First)
(Middle)
C/O ADOBE SYSTEMS INCORPORATED, 345 PARK AVENUE
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Senior Vice President
5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

SAN JOSE, CA 95110
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 Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(Month/Day/Year)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Non-Qualified Stock Option (right to buy)   (1) 09/18/2005 Common Stock 4,664 $ 8.0625 D  
Incentive Stock Option (right to buy)   (1) 12/18/2006 Common Stock 4,200 $ 8.4532 D  
Incentive Stock Option (right to buy)   (1) 12/17/2005 Common Stock 4,500 $ 8.4532 D  
Incentive Stock Option (right to buy)   (1) 09/23/2006 Common Stock 8,000 $ 8.4532 D  
Non-Qualified Stock Option (right to buy)   (1) 09/23/2006 Common Stock 5,600 $ 8.4532 D  
Non-Qualified Stock Option (right to buy)   (1) 11/08/2007 Common Stock 10,000 $ 35.6875 D  
Non-Qualified Stock Option (right to buy)   (1) 03/02/2009 Common Stock 25,000 $ 27.6875 D  
Non-Qualified Stock Option (right to buy)   (1) 11/02/2009 Common Stock 28,334 $ 26.95 D  
Non-Qualified Stock Option (right to buy)   (1) 11/12/2009 Common Stock 51,459 $ 26.47 D  
Non-Qualified Stock Option (right to buy)   (1) 11/12/2009 Common Stock 35,834 $ 26.47 D  
Non-Qualified Stock Option (right to buy)   (1) 12/17/2009 Common Stock 50,000 $ 39.1 D  
Non-Qualified Stock Option (right to buy)   (1) 12/17/2009 Common Stock 30,000 $ 39.1 D  
Non-Qualified Stock Option (right to buy)   (1) 12/17/2009 Common Stock 4,375 $ 39.1 D  
Non-Qualified Stock Option (right to buy)   (1) 05/19/2011 Common Stock 50,000 $ 43.55 D  

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Horner Digby
C/O ADOBE SYSTEMS INCORPORATED
345 PARK AVENUE
SAN JOSE, CA 95110
      Senior Vice President  

Signatures

/s/ Stuart Fagin, as attorney-in-fact 03/30/2005
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(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) Vests at a rate of 25% one year after grant date, 2.08% per month for the following 12 months, and 4.17% per month for the remaining 12 months.

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