GENERAL MILLS INC — Director's Dealing 2008

Oct 21, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GENERAL MILLS INC (GIS)
CIK: 0000040704
Period of Report: 2008-10-20

Reporting Person: Powell Kendall J (Chairman of the Board & CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2008-10-20	Common Stock	M	10	$37.11	Acquired	135184	Direct
2008-10-20	Common Stock	F	8	$65.46	Disposed	135176	Direct
2008-10-20	Common Stock	M	29990	$37.11	Acquired	165166	Direct
2008-10-20	Common Stock	S	22750	$64.0925	Disposed	142416	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2008-10-20	Non-Qualified Stock Option (right to buy)	$37.11	M	10	Disposed	2009-01-14	Common Stock (10)	Direct
2008-10-20	Non-Qualified Stock Option (right to buy)	$37.11	M	29990	Disposed	2009-01-14	Common Stock (29990)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1240	Indirect

Footnotes

F1: Shares were sold pursuant to a 10b5-1 trading plan dated March 26, 2008.

F2: Represents the weighted average of actual sale prices

F3: Held in Trust by the Trustee of the General Mills Savings Plan.

F4: Employee option (right to buy) granted by the Compensation Committee of Board of Directors of General Mills, Inc. under
shareholder-approved stock option plans.