GENERAL MILLS INC — Director's Dealing 2003

Sep 30, 2003

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GENERAL MILLS INC (GIS)
CIK: 0000040704
Period of Report: 2003-09-29

Reporting Person: SANGER STEPHEN W (Director, Chairman and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2003-09-29	COMMON STOCK	M	9112	$25.7939	Acquired	0	Direct
2003-09-29	COMMON STOCK	M	128414	$25.7125	Acquired	0	Direct
2003-09-29	COMMON STOCK	M	13156	$25.0688	Acquired	0	Direct
2003-09-29	COMMON STOCK	S	10000	$46.3500	Disposed	0	Direct
2003-09-29	COMMON STOCK	S	8000	$46.4300	Disposed	0	Direct
2003-09-29	COMMON STOCK	S	32000	$46.4200	Disposed	0	Direct
2003-09-29	COMMON STOCK	S	2000	$46.4600	Disposed	0	Direct
2003-09-29	COMMON STOCK	S	3000	$46.4500	Disposed	0	Direct
2003-09-29	COMMON STOCK	S	10000	$46.5000	Disposed	0	Direct
2003-09-29	COMMON STOCK	S	5000	$46.4400	Disposed	0	Direct
2003-09-29	COMMON STOCK	S	19600	$46.4000	Disposed	0	Direct
2003-09-29	COMMON STOCK	S	2000	$46.4100	Disposed	0	Direct
2003-09-29	COMMON STOCK	S	23000	$46.4100	Disposed	474973	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2003-09-29	OPTION TO BUY	$25.0688	M	13156	Disposed	2004-01-13	COMMON STOCK (13156)	Direct
2003-09-29	OPTION TO BUY	$25.7125	M	128414	Disposed	2003-11-25	COMMON STOCK (128414)	Direct
2003-09-29	OPTION TO BUY	$25.7939	M	9112	Disposed	2003-10-20	COMMON STOCK (9112)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
COMMON STOCK	9681	Indirect
COMMON STOCK	100	Indirect
COMMON STOCK	2585	Indirect
COMMON STOCK	2585	Indirect

Footnotes

F1: These shares are held in trusts for the benefit of the reporting person's minor children. The reporting person and his spouse are trustees of the trusts.

F2: Held in Trust by the Trustee of the General Mills Savings Plan.

F3: By Spouse.

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.