MCDONALDS CORP — Director's Dealing 2006

Aug 2, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MCDONALDS CORP (MCD)
CIK: 0000063908
Period of Report: 2006-07-31

Reporting Person: ROBERTS MICHAEL JAMES (Director, President and COO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-07-31	Common Stock	M	52250	$23.50	Acquired	52974	Direct
2006-07-31	Common Stock	S	22300	$35.40	Disposed	30674	Direct
2006-07-31	Common Stock	S	4850	$35.41	Disposed	25824	Direct
2006-07-31	Common Stock	S	10500	$35.42	Disposed	15324	Direct
2006-07-31	Common Stock	S	800	$35.43	Disposed	14524	Direct
2006-07-31	Common Stock	S	11800	$35.44	Disposed	2724	Direct
2006-07-31	Common Stock	S	1400	$35.45	Disposed	1324	Direct
2006-07-31	Common Stock	S	600	$35.46	Disposed	724	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2006-07-31	Options (Right to Buy)	$23.50	M	52250	Disposed	2007-03-18	Common Stock (52250)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	200	Indirect
Common Stock	27909	Indirect
Common Stock	21357	Indirect

Footnotes

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