GENERAL MILLS INC — Director's Dealing 2006

Sep 29, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GENERAL MILLS INC (GIS)
CIK: 0000040704
Period of Report: 2006-09-28

Reporting Person: SANGER STEPHEN W (Director, CHAIRMAN & CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-09-28	COMMON STOCK	M	287683	$31.2800	Acquired	0	Direct
2006-09-28	COMMON STOCK	F	216142	$56.5100	Disposed	1122580	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2006-09-28	OPTION TO BUY	$31.2800	M	287683	Disposed	2007-01-09	COMMON STOCK (287683)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
COMMON STOCK	10432	Indirect
COMMON STOCK	100	Indirect
COMMON STOCK	4355	Indirect
COMMON STOCK	4355	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.