GENERAL MILLS INC — Director's Dealing 2008

Sep 10, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GENERAL MILLS INC (GIS)
CIK: 0000040704
Period of Report: 2008-09-08

Reporting Person: OLeary Christopher D (EVP, COO, Int'l)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2008-09-08	Common Stock	M	20000	$37.11	Acquired	88294.5674	Direct
2008-09-08	Common Stock	S	20000	$68	Disposed	68294.5674	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2008-09-08	Non-Qualified Stock Option (right to buy)	$37.11	M	20000	Disposed	2009-01-14	Common Stock (20000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	689	Indirect

Footnotes

F1: Represents the weighted average of actual sale prices.

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.