GENERAL MILLS INC - Director's Dealing 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GENERAL MILLS INC (GIS)
CIK: 0000040704
Period of Report: 2006-07-10

Reporting Person: SPENCE A MICHAEL (Director)

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-07-10	COMMON STOCK	M	5000	$34.0300	Acquired	0	Direct
2006-07-10	COMMON STOCK	M	5000	$35.6250	Acquired	0	Direct
2006-07-10	COMMON STOCK	M	10000	$41.1100	Acquired	0	Direct
2006-07-10	COMMON STOCK	M	10000	$34.4100	Acquired	0	Direct
2006-07-10	COMMON STOCK	M	10000	$44.1900	Acquired	0	Direct
2006-07-10	COMMON STOCK	M	10000	$43.3800	Acquired	0	Direct
2006-07-10	COMMON STOCK	M	10000	$46.9100	Acquired	0	Direct
2006-07-10	COMMON STOCK	M	10000	$45.0000	Acquired	0	Direct
2006-07-10	COMMON STOCK	M	5000	$30.0650	Acquired	94143	Direct

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2006-07-10	OPTION TO BUY	$30.0650	M	5000	Disposed	2006-09-30	COMMON STOCK (5000)	Direct
2006-07-10	OPTION TO BUY	$34.0300	M	5000	Disposed	2007-09-22	COMMON STOCK (5000)	Direct
2006-07-10	OPTION TO BUY	$35.6250	M	5000	Disposed	2008-09-28	COMMON STOCK (5000)	Direct
2006-07-10	OPTION TO BUY	$41.1100	M	10000	Disposed	2009-09-27	COMMON STOCK (10000)	Direct
2006-07-10	OPTION TO BUY	$34.4100	M	10000	Disposed	2010-09-25	COMMON STOCK (10000)	Direct
2006-07-10	OPTION TO BUY	$44.1900	M	10000	Disposed	2011-09-24	COMMON STOCK (10000)	Direct
2006-07-10	OPTION TO BUY	$43.3800	M	10000	Disposed	2012-09-23	COMMON STOCK (10000)	Direct
2006-07-10	OPTION TO BUY	$46.9100	M	10000	Disposed	2013-09-22	COMMON STOCK (10000)	Direct
2006-07-10	OPTION TO BUY	$45.0000	M	10000	Disposed	2014-09-27	COMMON STOCK (10000)	Direct

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

F2: Non-Employee Director option (right to buy) granted under the General Mills, Inc. 2001 Compensation Plan for Non-Employee
Directors.