Issuer:

General Mills, Inc.

Size:

$250,000,000

Maturity:

January 29, 2016

Coupon:

0.875%

Price to Public:

99.982%

Yield to maturity:

0.881%

Spread to Benchmark Treasury:

+45 basis points

Benchmark Treasury:

0.375% due 1/15/2016

Benchmark Treasury Price & Yield:

99-26 3/4; 0.431%

Interest Payment Dates:

January 29 and July 29, commencing July 29, 2013

Day Count Convention:

30/360

Make-whole call:

T plus 7.5 basis points plus accrued and unpaid interest to the redemption date

Change of Control Offer to Purchase:

If a change of control triggering event occurs, unless General Mills has exercised its right to redeem the notes, it will be required to make an offer to purchase the notes at a purchase price equal to 101% of the principal amount of the notes, plus accrued and unpaid interest, if any, to the date of repurchase.

Pricing:

January 28, 2013

Settlement:

T+3; January 31, 2013

Denominations:

$2,000 and integral multiples of $1,000 in excess thereof

CUSIP/ISIN:

370334 BN3 / US370334BN30

Joint Book-Running Managers:

Credit Suisse Securities (USA) LLC

Deutsche Bank Securities Inc.

J.P. Morgan Securities LLC

Issuer:

General Mills, Inc.

Size:

$250,000,000

Maturity:

January 29, 2016

Price to Public:

100%

Interest Rate Basis:

LIBOR

Index Maturity:

3 months

Spread:

+30 basis points

Interest Payment Dates:

Quarterly on January 29, April 29, July 29, and October 29, commencing April 29, 2013

Interest Reset Dates:

January 29, April 29, July 29, and October 29, commencing April 29, 2013

Initial Interest Determination Date:

January 29, 2013

Interest Determination Dates:

Second business day prior to each Interest Reset Date

Day Count Convention:

Actual/360

Redemption Provisions:

None

Change of Control Offer to Purchase:

If a change of control triggering event occurs, General Mills will be required to make an offer to purchase the notes at a purchase price equal to 101% of the principal amount of the notes, plus accrued and unpaid interest, if any, to the date of repurchase.

Pricing:

January 28, 2013

Settlement:

T+3; January 31, 2013

Denominations:

$2,000 and integral multiples of $1,000 in excess thereof

CUSIP/ISIN:

370334 BQ6 / US370334BQ60

Joint Book-Running Managers:

Credit Suisse Securities (USA) LLC

Deutsche Bank Securities Inc.

J.P. Morgan Securities LLC

Issuer:

General Mills, Inc.

Size:

$500,000,000

Maturity:

February 15, 2043

Coupon:

4.150%

Price to Public:

99.335%

Yield to maturity:

4.189%

Spread to Benchmark Treasury:

+105 basis points

Benchmark Treasury:

2.750% due 8/15/2042

Benchmark Treasury Price & Yield:

92-17+; 3.139%

Interest Payment Dates:

February 15 and August 15, commencing August 15, 2013

Day Count Convention:

30/360

Redemption Provisions:

     Make-whole call:

At any time prior to August 15, 2042, make-whole call at T plus 15 basis points plus accrued and unpaid interest to the redemption date

     Par call:

At any time on or after August 15, 2042 at par plus accrued and unpaid interest to the redemption date

Change of Control Offer to Purchase:

If a change of control triggering event occurs, unless General Mills has exercised its right to redeem the notes, it will be required to make an offer to purchase the notes at a purchase price equal to 101% of the principal amount of the notes, plus accrued and unpaid interest, if any, to the date of repurchase.

Pricing:

January 28, 2013

Settlement:

T+3; January 31, 2013

Denominations:

$2,000 and integral multiples of $1,000 in excess thereof

CUSIP/ISIN:

370334 BP8 / US370334BP87

Joint Book-Running Managers:

Credit Suisse Securities (USA) LLC

Deutsche Bank Securities Inc.

J.P. Morgan Securities LLC