GENERAL MILLS INC — Director's Dealing 2008

Jul 15, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GENERAL MILLS INC (GIS)
CIK: 0000040704
Period of Report: 2008-07-10

Reporting Person: BELTON Y MARC (EVP, WW Health, Brand & New)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2008-07-10	Common Stock	G	445	$0.00	Disposed	87303.9138	Direct
2008-07-11	Common Stock	M	50000	$37.11	Acquired	137303.9138	Direct
2008-07-11	Common Stock	S	50000	$63.5	Disposed	87303.9138	Direct
2008-07-11	Common Stock	G	160	$0.00	Disposed	87143.9138	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2008-07-11	Non-Qualified Stock Option (right to buy)	$37.11	M	50000	Disposed	2009-01-14	Common Stock (50000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	6190	Indirect

Footnotes

F1: Held in Trust by the Trustee of the General Mills Savings Plan.

F2: Employee option (right to buy) granted by the Compensation Committee of Board of Directors of General Mills, Inc. under
shareholder-approved stock option plans.