GENERAL MILLS INC — Director's Dealing 2006

Aug 14, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GENERAL MILLS INC (GIS)
CIK: 0000040704
Period of Report: 2006-08-11

Reporting Person: ESREY WILLIAM T (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-08-11	COMMON STOCK	M	5000	$30.0650	Acquired	0	Direct
2006-08-11	COMMON STOCK	S	1600	$53.4300	Disposed	0	Direct
2006-08-11	COMMON STOCK	S	2100	$53.4000	Disposed	0	Direct
2006-08-11	COMMON STOCK	S	1000	$53.4200	Disposed	0	Direct
2006-08-11	COMMON STOCK	S	100	$53.4100	Disposed	0	Direct
2006-08-11	COMMON STOCK	S	200	$53.4400	Disposed	25851	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2006-08-11	OPTION TO BUY	$30.0650	M	5000	Disposed	2006-09-30	COMMON STOCK (5000)	Direct

Footnotes

F1: Non-Employee Director option (right to buy) granted under the General Mills, Inc. 1996 Compensation Plan for Non-Employee
Directors.