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: 2003-09-26

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2003-09-26	COMMON STOCK	M	17430	$25.7125	Acquired	0	Direct
2003-09-26	COMMON STOCK	M	27350	$25.7939	Acquired	0	Direct
2003-09-26	COMMON STOCK	F	9668	$47.1800	Disposed	0	Direct
2003-09-26	COMMON STOCK	F	15215	$47.1800	Disposed	438891	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2003-09-26	OPTION TO BUY	$25.7939	M	27350	Disposed	2003-10-20	COMMON STOCK (27350)	Direct
2003-09-26	OPTION TO BUY	$25.7125	M	17430	Disposed	2003-11-25	COMMON STOCK (17430)	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.