GENERAL MILLS INC — Director's Dealing 2008

Sep 17, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GENERAL MILLS INC (GIS)
CIK: 0000040704
Period of Report: 2008-09-15

Reporting Person: Lund Richard O (VP, Controller)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2008-09-15	Common Stock	M	1420	$40.11	Acquired	25617.2023	Direct
2008-09-15	Common Stock	S	1420	$69.3	Disposed	24197.2023	Direct
2008-09-15	Common Stock	M	8250	$41.5	Acquired	32447.2023	Direct
2008-09-15	Common Stock	S	8250	$69.3	Disposed	24197.2023	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2008-09-15	Non-Qualified Stock Option (right to buy)	$40.11	M	1420	Disposed	2009-07-28	Common Stock (1420)	Direct
2008-09-15	Non-Qualified Stock Option (right to buy)	$41.5	M	8250	Disposed	2009-09-01	Common Stock (8250)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	3612	Indirect

Footnotes

F1: Shares were sold pursuant to a 10b5-1 trading plan dated 7-21-2008

F2: Held in Trust by the Trustee of the General Mills Savings Plan.

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.