GENERAL MILLS INC — Director's Dealing 2004

Dec 23, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GENERAL MILLS INC (GIS)
CIK: 0000040704
Period of Report: 2004-12-22

Reporting Person: Powell Kendall J (SR VICE PRESIDENT)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-12-22	COMMON STOCK	M	25000	$26.2200	Acquired	0	Direct
2004-12-22	COMMON STOCK	M	3044	$22.5530	Acquired	0	Direct
2004-12-22	COMMON STOCK	S	1200	$49.0900	Disposed	0	Direct
2004-12-22	COMMON STOCK	S	500	$49.0300	Disposed	0	Direct
2004-12-22	COMMON STOCK	S	1200	$49.0100	Disposed	0	Direct
2004-12-22	COMMON STOCK	S	900	$49.0000	Disposed	0	Direct
2004-12-22	COMMON STOCK	S	1200	$48.9000	Disposed	0	Direct
2004-12-22	COMMON STOCK	S	2000	$48.7800	Disposed	0	Direct
2004-12-22	COMMON STOCK	S	2300	$48.8600	Disposed	0	Direct
2004-12-22	COMMON STOCK	S	6600	$48.8500	Disposed	0	Direct
2004-12-22	COMMON STOCK	S	1800	$48.8400	Disposed	0	Direct
2004-12-22	COMMON STOCK	S	1100	$48.8300	Disposed	0	Direct
2004-12-22	COMMON STOCK	S	400	$48.8200	Disposed	0	Direct
2004-12-22	COMMON STOCK	S	400	$48.8100	Disposed	0	Direct
2004-12-22	COMMON STOCK	S	1100	$48.8000	Disposed	0	Direct
2004-12-22	COMMON STOCK	S	600	$48.9400	Disposed	0	Direct
2004-12-22	COMMON STOCK	S	1100	$48.7500	Disposed	0	Direct
2004-12-22	COMMON STOCK	S	600	$49.0600	Disposed	0	Direct
2004-12-22	COMMON STOCK	S	5044	$49.1500	Disposed	63938	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2004-12-22	OPTION TO BUY	$22.5530	M	3044	Disposed	2005-01-12	COMMON STOCK (3044)	Direct
2004-12-22	OPTION TO BUY	$26.2200	M	25000	Disposed	2005-07-26	COMMON STOCK (25000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
COMMON STOCK	388	Indirect

Footnotes

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

F2: Shares were sold pursuant to a 10b5-1 trading plan dated 09/23/2004

F3: Employee option (right to buy) granted by the Compensation Committee of Board of Directors of General Mills, Inc. under
shareholder-approved stock option plans.