General Mills: Reaffirms Fiscal 2009 Earnings Guidance

Minneapolis / MN. (gm) In remarks at the Morgan Stanley Global Consumer and Retail Conference in New York, General Mills Inc. said it was on track to achieve its sales and earnings targets for the fiscal year ending May 2009. The company reaffirmed targets of mid single-digit net sales growth, mid single-digit segment operating profit growth, and earnings per share of 3,81 USD to 3,85 USD before any impact from mark-to-market valuation of certain commodity positions and a gain from the recent sale of the Pop Secret microwave popcorn business. General Mills´ complete presentation can be accessed on the company´s website through December 01, 2008.