GENERAL MILLS INC — Director's Dealing 2008

Sep 29, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GENERAL MILLS INC (GIS)
CIK: 0000040704
Period of Report: 2008-09-25

Reporting Person: ESREY WILLIAM T (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2008-09-25	Common Stock	M	5000	$35.625	Acquired	34648.9309	Direct
2008-09-25	Common Stock	S	5000	$68.81	Disposed	29648.9309	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2008-09-25	Non-Qualified Stock Option (right to buy)	$35.625	M	5000	Disposed	2008-09-28	Common Stock (5000)	Direct

Footnotes

F1: Represents the weighted average of actual sale prices

F2: Non-Employee Director option (right to buy) granted under the General Mills, Inc. 1996 Compensation Plan for Non-Employee
Directors.