Martinez, Arthur C., Form 4, October 2, 2002
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

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(f) of the Investment Company Act of 1940
OMB APPROVAL


   OMB Number: 3235-0287
   Expires: January 31, 2005
   Estimated average burden
   hours per response. . . . . 0.5
1. Name and Address of Reporting Person*
   Martinez, Arthur C.
(Last)                      (First)                      (Middle)

   c/o International Flavors & Fragrances Inc.
521 West 57th Street

(Street)

   New York, NY   10019

(City)                      (State)                      (Zip)

 2. Issuer Name and Ticker
    or Trading Symbol

International Flavors & Fragrances (“IFF”)
3. I.R.S. Identification
    Number of Reporting
    Person, if an entity
    (voluntary)
 4. Statement for
    (Month/Day/Year)

October 2, 2002


5. If Amendment,
    Date of Original
    (Month/Day/Year)
 6. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

         X              Director                         10% Owner
                        Officer                             Other (specify below)

Officer/Other Description
7. Individual or Joint/Group
    Filing (Check Applicable Line)

X   Individual Filing
      Joint/Group Filing
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
    and Voluntary Code
    (Instr. 8)
Code  |  V    
 4. Securities Acquired (A) or Disposed (D) of
    (Instr. 3, 4, and 5)

Amount      |         A/D         |         Price
 5. Amount of Securities
    Beneficially Owned
    Following Reported
    Transactions(s)
    (Instr. 3 and 4) 		6. Ownership
    Form:
    Direct(D) or
    Indirect (I)
    (Instr. 4) 		7. Nature of Indirect
     Beneficial Ownership
    (Instr. 4)


 
     |        |         |   
 


 
      |        |         |   


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).

(over)
SEC 1475 (08-02)

Martinez, Arthur C. - October 2, 2002
Form 4 (continued)
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. Conver-
    sion or
    Exercise
    Price of
    Deri-
    vative
    Security 		3. Transaction
    Date
    (Month/Day/
    Year)
 3A. Deemed
      Execution
      Date
      (Month/Day/
      Year)
 4. Transaction
    Code
   (Instr. 8) 		5. Number of Derivative
    Securities Acquired
    (A) or Disposed (D) of
    (Instr. 3,4 and 5) 		6. Date Exercisable
and
    Expiration Date
    (Month/Day/Year)


  (DE)     |     (ED)  
 7. Title and
    Amount of
    Underlying
    Securities
    (Instr. 3 and
    and 4) 		8. Price of
    Derivative
    Security
    (Instr.5) 		9. Number of
    Derivative
    Securities
    Beneficially
    Owned at
    End of
    Month
    (Instr.4) 		10. Ownership
     Form of
     Derivative
     Security:
     Direct (D)
     or
     Indirect (I) 		11. Nature of
      Indirect
      Beneficial
      Ownership
      (Instr.4)
 Stock Equivalent Units  1-for-1    10/2/02  A  1,000        (1)       |        (1)  Common
  Stock       |  1,000		  (1)  2,797  D  
Explanation of Responses :

  (1)  Stock units (“Units”) under the Company’s deferred compensation plan resulting from deferral of meeting fees and/or compensable stock grant and/or dividends (in shares) on such Units.
            Units were acquired at market prices ranging from $32.49 to $34.97 per Unit.
Reminder:  Report on a separate line for each class of securities beneficially owned directly or indirectly.

*   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).

Note:   File three copies of this Form, one of which must be manually signed. If space is insufficient,
            see Instruction 6 for procedure. 		 /s/  Dennis Meany                                          October 2, 2002
**  Signature of Reporting Person                         Date

         Dennis M. Meany
         Attorney-in-fact


Page 2
SEC 1475 (08-02)