GENERAL MILLS INC — Director's Dealing 2008

Jul 24, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GENERAL MILLS INC (GIS)
CIK: 0000040704
Period of Report: 2008-07-22

Reporting Person: Friendly Ian R (EVP, COO, US Retail)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2008-07-22	Common Stock	M	40000	$37.11	Acquired	131616.5525	Direct
2008-07-22	Common Stock	S	40000	$64.003	Disposed	91616.5525	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2008-07-22	Non-Qualified Stock Option (right to buy)	$37.11	M	40000	Disposed	2009-01-14	Common Stock (40000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	376	Indirect
Common Stock	376	Indirect
Common Stock	376	Indirect
Common Stock	5503	Indirect
Common Stock	1463	Indirect

Footnotes

F1: Shares held in irrevocable trust for the benefit of reporting person's child(ren).

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

F3: Held in Trust for which the reporting person's spouse is a trustee and the reporting person's spouse and children are
beneficiaries.

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.