MCDONALDS CORP — Director's Dealing 2008

Apr 25, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MCDONALDS CORP (MCD)
CIK: 0000063908
Period of Report: 2008-04-23

Reporting Person: STONE ROGER W (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2008-04-23	Common Stock	M	666	$32.9685	Acquired	18666	Direct
2008-04-23	Common Stock	S	466	$58.24	Disposed	18200	Direct
2008-04-23	Common Stock	S	200	$58.25	Disposed	18000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2008-04-23	Options (Right to Buy)	$32.9685	M	666	Disposed	2008-05-21	Common Stock (666)	Direct

Footnotes

F1: Options became exercisable in 33% increments on the first, second and third anniversary dates of the grant.