GENERAL MILLS INC — Director's Dealing 2003

Dec 17, 2003

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GENERAL MILLS INC (GIS)
CIK: 0000040704
Period of Report: 2003-12-15

Reporting Person: DARCY RANDY G (Senior Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2003-12-15	RESTRICTED UNITS	A	5860	—	Acquired	71401	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2003-12-15	OPTION TO BUY	$46.1050	A	70313	Acquired	2014-01-15	COMMON STOCK (70313)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
COMMON STOCK	5382	Indirect
COMMON STOCK	407	Indirect

Footnotes

F1: Held in Trust by the Trustee of the General Mills Savings Plan.

F2: Restricted stock unit award granted under the General Mills 2003 Stock Compensation Plan by the Compensation Committee of the Board of Directors of General Mills - no set value.

F3: By adult child. The Reporting Person disclaims beneficial ownership.

F4: Employee option (right to buy) granted by the Compensation Committee of Board of Directors of General Mills, Inc. under shareholder-approved stock option plans.

F5: This option becomes 100% exercisable four (4) years from date of grant.