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 today that
Gilbert Ghostine, a person discharging managerial responsibility, has today,
exercised options over ordinary shares of 28 101/108 pence each in the Company
("Ordinary Shares") under the Company's Senior Executive Share Option Plan
("SESOP") as set out below:

No. of Ordinary     Date of grant             Price per share  
Shares                                                         
                                                               
25,300              19 September 2006         £9.30            
                                                               
15,873              13 March 2007             £9.90            
                                                               
35,913              18 September 2007         £10.51           
                                                               
36,556              27 October 2008           £8.77            

Mr Ghostine subsequently sold 110,948 Ordinary Shares on 1 March 2012, at a
price per share of £15.08. He retains the balance of 2,694 Ordinary Shares.

As a result of the above transactions, the interests of Mr Ghostine in the
Company's Ordinary Shares and American Depository Shares ("ADS")* (excluding
options, awards under the Company's LTIPs and interests as potential
beneficiary of the Company's Employee Benefit Trusts) have increased to 65,319
(of which 33,075 are held as ADS).

J Nicholls

Deputy Secretary

1 March 2012

*1 ADS is the equivalent of 4 Ordinary Shares.