Exhibit 99.1
FOR IMMEDIATE RELEASE
June 23, 2004
| Contacts: (Analysts) Kris Wenker (763) 764-2607 (Media) Marybeth Thorsgaard (763) 764-6364 |
MINNEAPOLIS, MN –General Mills (NYSE:GIS) confirmed that it has received and accepted the resignations of Paul S. Walsh, Chief Executive Officer, Diageo plc and John M. Keenan, Chief Executive Officer, Grand Cru Consulting, Ltd. from its board of directors. Both resignations were made in conjunction with General Mills’ filing of a shelf registration statement today. In connection with these resignations, General Mills and Diageo have amended the Stockholders Agreement between them terminating Diageo’s right to designate two nominees for election to General Mills’ board of directors. With these resignations, General Mills’ board now has thirteen members.
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