GENERAL MILLS INC — Director's Dealing 2004

Dec 2, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GENERAL MILLS INC (GIS)
CIK: 0000040704
Period of Report: 2004-12-01

Reporting Person: PEEL MICHAEL A (Senior Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-12-01	COMMON STOCK	M	22438	$26.2200	Acquired	0	Direct
2004-12-01	COMMON STOCK	M	4940	$22.5530	Acquired	0	Direct
2004-12-01	COMMON STOCK	F	12937	$46.2100	Disposed	0	Direct
2004-12-01	COMMON STOCK	F	2465	$46.2100	Disposed	181379	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2004-12-01	OPTION TO BUY	$22.5530	M	4940	Disposed	2005-01-12	COMMON STOCK (4940)	Direct
2004-12-01	OPTION TO BUY	$26.2200	M	22438	Disposed	2005-07-26	COMMON STOCK (22438)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
COMMON STOCK	3910	Indirect
COMMON STOCK	40	Indirect
COMMON STOCK	3270	Indirect
COMMON STOCK	3270	Indirect

Footnotes

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

F2: By Spouse.

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.

F4: Shares held in irrevocable trust for the benefit of reporting person's child(ren).