Director/PDMR Shareholding

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

The notification listed below was received under Paragraph 3.1.2 of the
Disclosure and Transparency Rules.

Diageo plc (the "Company") announces that it received notification on 5
December 2011 that Larry Schwartz, a person discharging managerial
responsibility, exercised options on 1 December 2011 over 14,668 American
Depositary Shares ("ADS")* under the Company's Senior Executive Share Option
Plan ("SESOP"). The options were granted on 27 October 2008 at an exercise
price of $56.84 per share.

Mr Schwartz subsequently sold 13,668 ADSs on 1 December 2011, at a price per
ADS of $85.85. Mr Schwartz retains the balance of 1,000 ADSs.

As a result of the above transactions, the interests of Mr Schwartz's in
ordinary shares of 28 101/108 pence each in the Company ("Ordinary Shares") and
ADSs (excluding options, awards under the Company's LTIPs and interests as a
potential beneficiary of the Company's Employee Benefit Trusts) have increased
to 8,970 ADSs.

J Nicholls

Deputy Secretary

5 December 2011

*1 ADS is the equivalent of 4 Ordinary Shares.