FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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(Print or Type Responses)

1. Name and Address of Reporting Person *   Blankemeyer Robert H 2. Date of Event Requiring Statement (Month/Day/Year) 06/10/2008 3. Issuer Name and Ticker or Trading Symbol MEDTRONIC INC [MDT] (Last) (First) (Middle) 710 MEDTRONIC PKWY MS LC310 4. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director _____ 10% Owner __X__ Officer (give title below) _____ Other (specify below) SVP & Pres Surgical Technol 5. If Amendment, Date Original Filed(Month/Day/Year) (Street) MINNEAPOLIS, MN 55432 6. Individual or Joint/Group Filing(Check Applicable Line) _X_ Form filed by One Reporting Person ___ Form filed by More than One Reporting Person (City) (State) (Zip) Table I - Non-Derivative Securities Beneficially Owned

1.Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5) Common Stock 21,464.824 D   Common Stock 518.791 I by ESOP

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.			SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Options (Right to buy)	10/25/2002(1)	10/25/2011	Common Stock	20,690	$ 43.5	D	Â
Stock Options (Right to buy)	10/24/2003(1)	10/24/2012	Common Stock	21,173	$ 44.87	D	Â
Stock Options (Right to buy)	10/23/2004(1)	10/23/2013	Common Stock	20,648	$ 46.01	D	Â
Stock Options (Right to buy)	10/29/2008(1)	10/29/2017	Common Stock	18,841	$ 47.77	D	Â
Stock Options (Right to buy)	10/30/2007(1)	10/30/2016	Common Stock	15,401	$ 48.7	D	Â
Stock Options (Right to buy)	10/21/2004	10/21/2014	Common Stock	20,000	$ 50	D	Â
Stock Options (Right to buy)	10/26/2001(1)	10/26/2010	Common Stock	19,371	$ 51.62	D	Â
Stock Options (Right to buy)	05/01/2001(1)	05/01/2010	Common Stock	23,924	$ 52.25	D	Â
Stock Options (Right to buy)	10/19/2006(1)	10/19/2015	Common Stock	15,862	$ 56.74	D	Â

Reporting Owners

Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
Blankemeyer Robert H 710 MEDTRONIC PKWY MS LC310 MINNEAPOLIS, MN 55432	Â	Â	  SVP & Pres Surgical Technol	Â

Signatures

James N. Spolar, Attorney-in-fact		06/20/2008
**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 5(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).
(1)	These options become exercisable at the rate of 25% of the shares granted per year beginning on the first anniversary of grant.

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