GENERAL MILLS INC — Director's Dealing 2006

Apr 4, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GENERAL MILLS INC (GIS)
CIK: 0000040704
Period of Report: 2006-04-03

Reporting Person: PEEL MICHAEL A (Senior Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-04-03	COMMON STOCK	M	17000	$26.8450	Acquired	0	Direct
2006-04-03	COMMON STOCK	M	13000	$26.8450	Acquired	0	Direct
2006-04-03	COMMON STOCK	M	9556	$26.8450	Acquired	0	Direct
2006-04-03	COMMON STOCK	F	6816	$50.8800	Disposed	0	Direct
2006-04-03	COMMON STOCK	S	17000	$50.9200	Disposed	0	Direct
2006-04-03	COMMON STOCK	F	9273	$50.8800	Disposed	223583	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2006-04-03	OPTION TO BUY	$26.8450	M	13000	Disposed	2006-07-24	COMMON STOCK (13000)	Direct
2006-04-03	OPTION TO BUY	$26.8450	M	9556	Disposed	2006-07-24	COMMON STOCK (9556)	Direct
2006-04-03	OPTION TO BUY	$26.8450	M	17000	Disposed	2006-07-24	COMMON STOCK (17000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
COMMON STOCK	4216	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: Employee option (right to buy) granted by the Compensation Committee of Board of Directors of General Mills, Inc. under
shareholder-approved stock option plans.

F4: Shares held in irrevocable trust for the benefit of reporting person's child(ren).