GENERAL MILLS INC — Director's Dealing 2006

Jun 28, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GENERAL MILLS INC (GIS)
CIK: 0000040704
Period of Report: 2006-06-26

Reporting Person: PEEL MICHAEL A (SENIOR VICE PRESIDENT)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-06-26	COMMON STOCK	A	9241	—	Acquired	0	Direct
2006-06-26	COMMON STOCK	A	138	—	Acquired	232962	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2006-06-26	OPTION TO BUY	$51.2600	A	70313	Acquired	2016-07-26	COMMON STOCK (70313)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
COMMON STOCK	4308	Indirect
COMMON STOCK	40	Indirect
COMMON STOCK	4102	Indirect
COMMON STOCK	4102	Indirect

Footnotes

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

F2: By Spouse.

F3: Shares held in irrevocable trust for the benefit of reporting person's child(ren).

F4: Award of restricted stock units that vest on June 26, 2010.