X0202 3 2004-05-03 0 0000064670 MEDTRONIC INC MDT 0001290170 Ellis Gary Lee MEDTRONIC, INC. 710 MEDTRONIC PARKWAY MINNEAPOLIS MN 55432 0 1 0 0 VP, Corp Controller & Treas Common Stock 8389.528 D Common Stock 5802.625 I By ESOP Common Stock 3535.413 I By 401(k) Plan Deferred Stock Units 1006.974 D Stock Options (Right to buy) 6.625 2004-05-30 2004-11-30 Common Stock 896 D Stock Options (Right to buy) 17.0938 1997-11-20 2006-11-20 Common Stock 8776 D Stock Options (Right to buy) 21.5625 1998-10-29 2007-10-29 Common Stock 18552 D Stock Options (Right to buy) 26.5 1998-05-01 2008-05-01 Common Stock 4530 D Stock Options (Right to buy) 31.9063 1999-10-28 2008-10-28 Common Stock 12538 D Stock Options (Right to buy) 33.125 2000-10-27 2009-10-27 Common Stock 19623 D Stock Options (Right to buy) 35.9688 1999-05-01 2009-05-01 Common Stock 13328 D Stock Options (Right to buy) 37.5938 2007-04-28 2009-04-28 Common Stock 2618 D Stock Options (Right to buy) 43.5 2002-10-25 2011-10-25 Common Stock 32184 D Stock Options (Right to buy) 43.81 2002-04-26 2012-04-26 Common Stock 5257 D Stock Options (Right to buy) 44.25 2001-04-27 2011-04-27 Common Stock 15579 D Stock Options (Right to buy) 44.87 2003-10-24 2012-10-24 Common Stock 33430 D Stock Options (Right to buy) 46.01 2004-10-23 2013-10-23 Common Stock 32602 D Stock Options (Right to buy) 48.08 2003-04-25 2013-04-25 Common Stock 7189 D Stock Options (Right to buy) 50.46 2004-04-30 2014-04-30 Common Stock 4119 D Stock Options (Right to buy) 51.625 2001-10-26 2010-10-26 Common Stock 17434 D Stock Options (Right to buy) 51.9375 2000-04-30 2010-04-30 Common Stock 23590 D These options become exercisable at the rate of 25% of the shares granted per year beginning on the first anniversary of grant. Carol E. Malkinson, Attorney-in-Fact 2004-05-13