MCDONALDS CORP — Director's Dealing 2006

Oct 23, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MCDONALDS CORP (MCD)
CIK: 0000063908
Period of Report: 2006-10-20

Reporting Person: POJMAN DAVID M (Corp Sr Vice Pres, Controller)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-10-20	Common Stock	M	15000	$26.25	Acquired	20165	Direct
2006-10-20	Common Stock	S	15000	$41	Disposed	5165	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2006-10-20	Options (Right to Buy)	$26.25	M	15000	Disposed	2008-03-24	Common Stock (15000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	14109	Indirect
Common Stock	1022	Indirect

Footnotes

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