MCDONALDS CORP — Director's Dealing 2007

Apr 24, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MCDONALDS CORP (MCD)
CIK: 0000063908
Period of Report: 2007-04-23

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-04-23	Common Stock	M	7500	$26.63	Acquired	7717	Direct
2007-04-23	Common Stock	S	100	$48.41	Disposed	7617	Direct
2007-04-23	Common Stock	S	800	$48.40	Disposed	6817	Direct
2007-04-23	Common Stock	S	800	$48.39	Disposed	6017	Direct
2007-04-23	Common Stock	S	800	$48.38	Disposed	5217	Direct
2007-04-23	Common Stock	S	2900	$48.37	Disposed	2317	Direct
2007-04-23	Common Stock	S	1400	$48.36	Disposed	917	Direct
2007-04-23	Common Stock	S	700	$48.35	Disposed	217	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-04-23	Options (Right to Buy)	$26.63	M	7500	Disposed	2014-02-16	Common Stock (7500)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	6	Indirect
Common Stock	1	Indirect
Common Stock	8971	Indirect

Footnotes

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