MCDONALDS CORP - Director's Dealing 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MCDONALDS CORP (MCD)
CIK: 0000063908
Period of Report: 2007-11-15

Reporting Person: Fenton Timothy J (President, McDonald's APMEA)

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-11-15	Common Stock	M	33000	$40.4375	Acquired	63848	Direct
2007-11-15	Common Stock	M	500	$45.625	Acquired	64348	Direct
2007-11-15	Common Stock	S	14625	$56.98	Disposed	49723	Direct
2007-11-15	Common Stock	S	300	$56.97	Disposed	49423	Direct
2007-11-15	Common Stock	S	2100	$56.96	Disposed	47323	Direct
2007-11-15	Common Stock	S	975	$56.95	Disposed	46348	Direct
2007-11-15	Common Stock	S	3200	$56.93	Disposed	43148	Direct
2007-11-15	Common Stock	S	100	$56.92	Disposed	43048	Direct
2007-11-15	Common Stock	S	7900	$56.91	Disposed	35148	Direct
2007-11-15	Common Stock	S	200	$56.90	Disposed	34948	Direct
2007-11-15	Common Stock	S	100	$56.89	Disposed	34848	Direct
2007-11-15	Common Stock	S	1000	$56.88	Disposed	33848	Direct
2007-11-15	Common Stock	S	410	$56.87	Disposed	33438	Direct

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-11-15	Options (Right to Buy)	$40.4375	M	33000	Disposed	2009-05-19	Common Stock (33000)	Direct
2007-11-15	Options (Right to Buy)	$45.625	M	500	Disposed	2009-04-01	Common Stock (500)	Direct

Security	Shares	Ownership
Common Stock	9179	Indirect

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

F2: Options become exercisable in 25% increments on the first, third, fifth and seventh anniversary dates of the grant.