GENERAL MILLS INC — Director's Dealing 2006

Jul 12, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GENERAL MILLS INC (GIS)
CIK: 0000040704
Period of Report: 2006-07-11

Reporting Person: BELTON Y MARC (EXECUTIVE VICE PRESIDENT)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-07-11	COMMON STOCK	M	10000	$26.8450	Acquired	0	Direct
2006-07-11	COMMON STOCK	S	10000	$52.4800	Disposed	81156	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2006-07-11	OPTION TO BUY	$26.8450	M	10000	Disposed	2006-07-24	COMMON STOCK (10000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
COMMON STOCK	5564	Indirect

Footnotes

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

F2: Employee option (right to buy) granted by the Compensation Committee of Board of Directors of General Mills, Inc. under
shareholder-approved stock option plans.