Director/PDMR Shareholding

TO:      Regulatory Information Service                                    
                                                                           
         PR Newswire                                                       
                                                                           
RE:      Paragraph 3.1.4 of the Disclosure and Transparency Rules          

The notifications listed below were all received under Paragraph 3.1.2 of the
Disclosure and Transparency Rules.

Diageo plc (the "Company") announces that it received notification on 6 March
2012 that Larry Schwartz, a person discharging managerial responsibility
("PDMR"), exercised an option, on 5 March 2012, over 7,000 American Depository
Shares ("ADS")* granted under the Company's Senior Executive Share Option Plan
("SESOP"). The options were granted on 20 September 2005 at an exercise price
of $59.40 per ADS Share.

Mr Schwartz subsequently sold 6,930 ADS on 5 March 2012, at a price per ADS
Share of $97.04. He retains the balance of 70 ADS.

As a result of these transactions, the interests of Mr Schwartz in the
Company's ADS (excluding options, awards under the Company's LTIPs and
interests as potential beneficiary of the Company's Employee Benefit Trusts)
has increased to 9,444.



J Nicholls

Deputy Secretary

7 March 2012

*1 ADS is the equivalent of 4 Ordinary Shares.