GENERAL MILLS INC — Director's Dealing 2004

Apr 2, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GENERAL MILLS INC (GIS)
CIK: 0000040704
Period of Report: 2004-04-01

Reporting Person: DEMERITT STEPHEN R (Director, Vice Chairman)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-04-01	COMMON STOCK	M	8796	$26.8450	Acquired	0	Direct
2004-04-01	COMMON STOCK	M	3948	$22.5530	Acquired	0	Direct
2004-04-01	COMMON STOCK	M	30000	$26.8450	Acquired	0	Direct
2004-04-01	COMMON STOCK	F	22870	$46.8250	Disposed	0	Direct
2004-04-01	COMMON STOCK	F	6706	$46.8250	Disposed	0	Direct
2004-04-01	COMMON STOCK	F	2809	$46.8250	Disposed	189376	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2004-04-01	OPTION TO BUY	$22.5530	M	3948	Disposed	2005-01-12	COMMON STOCK (3948)	Direct
2004-04-01	OPTION TO BUY	$26.8450	M	30000	Disposed	2006-07-24	COMMON STOCK (30000)	Direct
2004-04-01	OPTION TO BUY	$26.8450	M	8796	Disposed	2006-07-24	COMMON STOCK (8796)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
COMMON STOCK	8600	Indirect
COMMON STOCK	1840	Indirect

Footnotes

F1: By spouse. The Reporting Person disclaims beneficial ownership.

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

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.