MCDONALDS CORP

Ticker: MCD CUSIP: 580135101 Class: Common Stock

Smead Capital Management, Inc.'s Holding History (CIK: 0001427008)

Note: Option positions (PUT/CALL) are excluded.

Q4 2014

Shares 171,419 Value ($000) $16,062 Avg Close $70.55 Range $66.40 - $73.88

Q3 2014

Shares 156,164 Value ($000) $14,806 Avg Close $71.25 Range $68.00 - $75.48

Q2 2014

Shares 151,874 Value ($000) $15,300 Avg Close $74.80 Range $71.30 - $76.67

Q1 2014

Shares 144,744 Value ($000) $14,189 Avg Close $70.27 Range $67.55 - $73.19

Q4 2013

Shares 126,816 Value ($000) $12,304 Avg Close $70.01 Range $67.66 - $72.12

Q3 2013

Shares 116,697 Value ($000) $11,227 Avg Close $70.55 Range $67.75 - $73.37

Q2 2013

Shares 98,466 Value ($000) $9,748 Avg Close $71.80 Range $68.58 - $74.15

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2014	171,419	$16,062	$70.55	$66.40 - $73.88
Q3 2014	156,164	$14,806	$71.25	$68.00 - $75.48
Q2 2014	151,874	$15,300	$74.80	$71.30 - $76.67
Q1 2014	144,744	$14,189	$70.27	$67.55 - $73.19
Q4 2013	126,816	$12,304	$70.01	$67.66 - $72.12
Q3 2013	116,697	$11,227	$70.55	$67.75 - $73.37
Q2 2013	98,466	$9,748	$71.80	$68.58 - $74.15