MCDONALDS CORP — Director's Dealing 2007

Sep 18, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MCDONALDS CORP (MCD)
CIK: 0000063908
Period of Report: 2007-09-17

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-09-17	Common Stock	M	50000	$14.31	Acquired	50000	Direct
2007-09-17	Common Stock	S	18000	$55.20	Disposed	32000	Direct
2007-09-17	Common Stock	S	1200	$55.23	Disposed	30800	Direct
2007-09-17	Common Stock	S	10100	$55.24	Disposed	20700	Direct
2007-09-17	Common Stock	S	3800	$55.25	Disposed	16900	Direct
2007-09-17	Common Stock	S	700	$55.26	Disposed	16200	Direct
2007-09-17	Common Stock	S	400	$55.29	Disposed	15800	Direct
2007-09-17	Common Stock	S	4900	$55.30	Disposed	10900	Direct
2007-09-17	Common Stock	S	200	$55.31	Disposed	10700	Direct
2007-05-17	Common Stock	S	1200	$55.32	Disposed	9500	Direct
2007-09-17	Common Stock	S	200	$55.33	Disposed	9300	Direct
2007-09-17	Common Stock	S	100	$55.34	Disposed	9200	Direct
2007-09-17	Common Stock	S	7500	$55.35	Disposed	1700	Direct
2007-09-17	Common Stock	S	1200	$55.36	Disposed	500	Direct
2007-09-17	Common Stock	S	500	$55.37	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-09-17	Options (Right to Buy)	$14.31	M	50000	Disposed	2013-03-18	Common Stock (50000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	5724	Indirect
Common Stock	12886	Indirect

Footnotes

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