X0201 4 2003-12-01 0 0000063908 MCDONALDS CORP MCD 0001037476 BRENNAN EDWARD A 400 N. MICHIGAN AVE SUITE 400 CHICAGO IL 60611 1 0 0 0 Common Stock 2500 D Phantom Stock 2003-12-01 4 A 0 91 A Common Stock 91 91 D Acquisition of phantom stock pursuant to Directors' Stock Plan. The phantom stock converts to common stock on a one-for-one basis. Acquisition of phantom stock pursuant to Directors' Stock Plan in transaction exempt under Rule 16b-3(d)(1). Amount represents dividends reinvested. Exercisable upon retirement. /s/ Carol A. Vix, Attorney-in-fact 2003-12-02