FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response... 0.5
                      
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

VITTOR KENNETH M 		2. Issuer Name and Ticker or Trading Symbol

MCGRAW-HILL COMPANIES INC [ MHP ] 		5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                      _____ 10% Owner
__ X __ Officer (give title below)      _____ Other (specify below)
EVP & General Counsel
(Last)          (First)          (Middle)

1221 AVENUE OF THE AMERICAS 		3. Date of Earliest Transaction (MM/DD/YYYY)

5/2/2006
(Street)

NEW YORK, NY 100201095
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3) 		2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8) 		4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) 		5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4) 		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock   5/2/2006     S    30000   D $54.8400   120228   D  
 

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3) 		2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. Code
(Instr. 8) 		5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) 		6. Date Exercisable and Expiration Date 7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4) 		8. Price of Derivative Security
(Instr. 5) 		9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Options (Right to Buy)   $32.21                   10/23/2001   1/3/2009   Common Stock   23296     23296   (1) D  
 
Options (Right to Buy)   $35.21                   11/17/2001   1/2/2010   Common Stock   25380     25380   (1) D  
 
Options (Right to Buy)   $37.38                   2/28/2005   1/2/2010   Common Stock   24492     24492   (1) D  
 
Options (Right to Buy)   $34.39                   6/19/2004   4/1/2011   Common Stock   55048     55048   (1) D  
 
Options (Right to Buy)   $37.38                   2/28/2005   3/31/2012   Common Stock   26890     26890   (1) D  
 
Options (Right to Buy)   $43.34                   10/28/2005   3/31/2012   Common Stock   31332     31332   (1) D  
 
Options (Right to Buy)   $37.38                   2/28/2005   3/31/2013   Common Stock   28478     28478   (1) D  
 
Options (Right to Buy)   $43.34                   10/28/2005   3/31/2013   Common Stock   27552     27552   (1) D  
 
Options (Right to Buy)   $38.22                   4/1/2005   (2) 3/31/2014   Common Stock   35000     35000   (1) D  
 
Options (Right to Buy)   $43.34                   10/28/2005   3/31/2014   Common Stock   32912     32912   (1) D  
 
Options (Right to Buy)   $43.25                   4/1/2006   (2) 3/31/2015   Common Stock   57400     57400   (1) D  
 
Options (Right to Buy)   $57.81                   4/3/2007   (2) 4/2/2016   Common Stock   26395     26395   D  
 

Explanation of Responses:
(1)  Total derivative security amount shown includes options previously reported and reflects full amount of shares underlying options.
(2)  The option becomes exercisable 50% on the first anniversary of the grant and 50% on the second anniversary of the grant.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
VITTOR KENNETH M
1221 AVENUE OF THE AMERICAS
NEW YORK, NY 100201095

EVP & General Counsel

Signatures
/s/ Vittor, Kenneth M. 5/3/2006
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.