MCDONALDS CORP — Director's Dealing 2006

Oct 31, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MCDONALDS CORP (MCD)
CIK: 0000063908
Period of Report: 2006-10-30

Reporting Person: Stratton Jeffrey P (Corp Executive Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-10-30	Common Stock	M	9000	$28.75	Acquired	9217	Direct
2006-10-30	Common Stock	S	8200	$41.8	Disposed	1017	Direct
2006-10-30	Common Stock	S	800	$41.83	Disposed	217	Direct
2006-10-30	Common Stock	M	6750	$29.43	Acquired	6967	Direct
2006-10-30	Common Stock	S	4650	$41.80	Disposed	2317	Direct
2006-10-30	Common Stock	S	2100	$41.78	Disposed	217	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2006-10-30	Options (Right to Buy)	$28.75	M	9000	Disposed	2012-03-20	Common Stock (9000)	Direct
2006-10-30	Options (Right to Buy)	$29.43	M	6750	Disposed	2011-02-02	Common Stock (6750)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	6	Indirect
Common Stock	11066	Indirect

Footnotes

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