GENERAL MILLS INC — Director's Dealing 2007

Jan 11, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GENERAL MILLS INC (GIS)
CIK: 0000040704
Period of Report: 2007-01-08

Reporting Person: BELTON Y MARC (EXECUTIVE VICE PRESIDENT)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-01-08	COMMON STOCK	M	40000	$31.2800	Acquired	0	Direct
2007-01-08	COMMON STOCK	S	10200	$56.9600	Disposed	0	Direct
2007-01-08	COMMON STOCK	S	21700	$56.9500	Disposed	0	Direct
2007-01-08	COMMON STOCK	S	3200	$57.0000	Disposed	0	Direct
2007-01-08	COMMON STOCK	S	100	$57.0100	Disposed	0	Direct
2007-01-08	COMMON STOCK	S	4800	$56.9700	Disposed	77868	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-01-08	OPTION TO BUY	$31.2800	M	40000	Disposed	2007-01-09	COMMON STOCK (40000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
COMMON STOCK	5649	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.