MCDONALDS CORP — Director's Dealing 2005

Aug 12, 2005

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MCDONALDS CORP (MCD)
CIK: 0000063908
Period of Report: 2005-08-10

Reporting Person: PAULL MATTHEW H (Corp Sr Exec VP and CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2005-08-10	Common Stock	M	34000	$23.50	Acquired	34000	Direct
2005-08-10	Common Stock	S	6800	$32.78	Disposed	27200	Direct
2005-08-10	Common Stock	S	27200	$32.75	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2005-08-10	Options (Right to Buy)	$23.50	M	34000	Disposed	2007-03-18	Common Stock (34000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	5550	Indirect
Common Stock	12555	Indirect

Footnotes

F1: Options become exercisable in 25% increments on the first, third, fifth and seventh anniversary dates of the grant.