GENERAL MILLS INC — Director's Dealing 2006

Dec 30, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GENERAL MILLS INC (GIS)
CIK: 0000040704
Period of Report: 2006-12-28

Reporting Person: Powell Kendall J (Director, EXECUTIVE VICE PRESIDENT)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-12-28	COMMON STOCK	M	40000	$31.2800	Acquired	0	Direct
2006-12-28	COMMON STOCK	S	100	$58.2800	Disposed	0	Direct
2006-12-28	COMMON STOCK	S	100	$57.9000	Disposed	0	Direct
2006-12-28	COMMON STOCK	S	200	$58.2600	Disposed	0	Direct
2006-12-28	COMMON STOCK	S	300	$58.2500	Disposed	0	Direct
2006-12-28	COMMON STOCK	S	1500	$58.2400	Disposed	0	Direct
2006-12-28	COMMON STOCK	S	100	$58.0600	Disposed	0	Direct
2006-12-28	COMMON STOCK	S	100	$58.2200	Disposed	0	Direct
2006-12-28	COMMON STOCK	S	300	$58.2100	Disposed	0	Direct
2006-12-28	COMMON STOCK	S	300	$58.2000	Disposed	0	Direct
2006-12-28	COMMON STOCK	S	100	$58.1300	Disposed	0	Direct
2006-12-28	COMMON STOCK	S	200	$58.1100	Disposed	0	Direct
2006-12-28	COMMON STOCK	S	5100	$58.0900	Disposed	0	Direct
2006-12-28	COMMON STOCK	S	100	$58.0700	Disposed	0	Direct
2006-12-28	COMMON STOCK	S	300	$58.2300	Disposed	0	Direct
2006-12-28	COMMON STOCK	S	1900	$58.0500	Disposed	0	Direct
2006-12-28	COMMON STOCK	S	1300	$58.0400	Disposed	0	Direct
2006-12-28	COMMON STOCK	S	1600	$58.0300	Disposed	0	Direct
2006-12-28	COMMON STOCK	S	1200	$58.0200	Disposed	0	Direct
2006-12-28	COMMON STOCK	S	2400	$58.0100	Disposed	0	Direct
2006-12-28	COMMON STOCK	S	15100	$58.0000	Disposed	0	Direct
2006-12-28	COMMON STOCK	S	1400	$57.9900	Disposed	0	Direct
2006-12-28	COMMON STOCK	S	1100	$57.9800	Disposed	0	Direct
2006-12-28	COMMON STOCK	S	1000	$57.9700	Disposed	0	Direct
2006-12-28	COMMON STOCK	S	1800	$57.9600	Disposed	0	Direct
2006-12-28	COMMON STOCK	S	200	$57.9500	Disposed	0	Direct
2006-12-28	COMMON STOCK	S	100	$57.9400	Disposed	0	Direct
2006-12-28	COMMON STOCK	S	1400	$57.9300	Disposed	0	Direct
2006-12-28	COMMON STOCK	S	500	$57.9200	Disposed	0	Direct
2006-12-28	COMMON STOCK	S	100	$57.9100	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2006-12-28	OPTION TO BUY	$31.2800	M	40000	Disposed	2007-01-09	COMMON STOCK (40000)	Direct

Footnotes

F1: Employee option (right to buy) granted by the Compensation Committee of Board of Directors of General Mills, Inc. under
shareholder-approved stock option plans.