GENERAL MILLS INC — Director's Dealing 2008

Mar 24, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GENERAL MILLS INC (GIS)
CIK: 0000040704
Period of Report: 2008-03-20

Reporting Person: SANGER STEPHEN W (Director, Chairman of the Board)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2008-03-20	Common Stock	M	71800	$30.955	Acquired	1243757	Direct
2008-03-20	Common Stock	F	52400	$60.12	Disposed	1191357	Direct
2008-03-20	Common Stock	M	27876	$35.155	Acquired	1219233	Direct
2008-03-20	Common Stock	F	21429	$60.12	Disposed	1197804	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2008-03-20	Non-Qualified Stock Option (right to buy)	$30.955	M	71800	Disposed	2008-09-01	Common Stock (71800)	Direct
2008-03-20	Non-Qualified Stock Option (right to buy)	$35.155	M	27876	Disposed	2008-07-22	Common Stock (27876)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	5175	Indirect
Common Stock	5175	Indirect
Common Stock	100	Indirect
Common Stock	10733	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: Employee option (right to buy) granted by the Compensation Committee of Board of Directors of General Mills, Inc. under
shareholder-approved stock option plans.