GENERAL MILLS INC — Director's Dealing 2008

Jan 8, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GENERAL MILLS INC (GIS)
CIK: 0000040704
Period of Report: 2008-01-04

Reporting Person: ROTSCH JEFFREY J (EVP, WW Sales & Channel Dev)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2008-01-04	Common Stock	M	60000	$37.9063	Acquired	219112.6764	Direct
2008-01-04	Common Stock	S	100	$56.06	Disposed	219012.6764	Direct
2008-01-04	Common Stock	S	300	$56.08	Disposed	218712.6764	Direct
2008-01-04	Common Stock	S	100	$56.09	Disposed	218612.6764	Direct
2008-01-04	Common Stock	S	2700	$56.1	Disposed	215912.6764	Direct
2008-01-04	Common Stock	S	6600	$56.11	Disposed	209312.6764	Direct
2008-01-04	Common Stock	S	8500	$56.12	Disposed	200812.6764	Direct
2008-01-04	Common Stock	S	2700	$56.13	Disposed	198112.6764	Direct
2008-01-04	Common Stock	S	8200	$56.14	Disposed	189912.6764	Direct
2008-01-04	Common Stock	S	8400	$56.15	Disposed	181512.6764	Direct
2008-01-04	Common Stock	S	9800	$56.16	Disposed	171712.6764	Direct
2008-01-04	Common Stock	S	1600	$56.17	Disposed	170112.6764	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2008-01-04	Non-Qualified Stock Option (right to buy)	$37.9063	M	60000	Disposed	2008-01-08	Common Stock (60000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	16708	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.