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 13
February 2012:

 1. That Paul Walsh, a director, exercised an option, on 13 February 2012, over
    100,000 ordinary shares of 28 101/108 pence each in the Company ("Ordinary
    Shares") granted under the Company's Senior Executive Share Option Plan
    ("SESOP"). The options were granted on 27 October 2008 at an exercise price
    of £8.77 per share. Mr Walsh subsequently sold 90,000 Ordinary Shares on 13
    February 2012, at a price per Ordinary Share of £15.00. He retains the
    balance of 10,000 Ordinary Shares.
   
 2. That Randy Millian, a person discharging managerial responsibility
    ("PDMR"), exercised an option, on 13 February 2012, over 14,756 American
    Depository Shares ("ADS")* granted under the Company's Executive Share
    Option Plan ("DSOP"). The options were granted on 10 October 2003 at an
    exercise price of $43.82 per ADS Share. Mr Millian subsequently sold 14,606
    ADS on 13 February 2012, at a price per ADS Share of $94.19. He retains the
    balance of 150 ADS.
   
 3. That Ian Wright, a PDMR, exercised an option, on 10 February 2012, over
    39,248 Ordinary Shares granted under the Company's SESOP. The options were
    granted on 18 September 2007 at an exercise price of £10.51 per share. Mr
    Wright subsequently sold 34,248 Ordinary Shares on 10 February 2012, at a
    price per Ordinary Share of £14.80. He retains the balance of 5,036
    Ordinary Shares.
   
As a result of these transactions, the interests of the director and PDMRs in
the Company's Ordinary Shares and ADS (excluding options, awards under the
Company's LTIPs and interests as potential beneficiaries of the Company's
Employee Benefit Trusts) have increased as follows:

Name of Director    No. of Ordinary Shares                           
                                                                     
PS Walsh            701,531                                          
                                                                     
Name of PDMR        No. of Ordinary Shares   No. of ADS Shares       
                                                                     
R Millian                                    10,762                  
                                                                     
I Wright            37,341                                           
                                                                     

J Nicholls

Deputy Secretary

14 February 2012

*1 ADS is the equivalent of 4 Ordinary Shares.