Director/PDMR Shareholding

TO: Regulatory Information Service

PR Newswire

RE: PARAGRAPH 3.1.4 OF

THE DISCLOSURE RULES

Notification number 1. listed below is in respect of a single transaction of
which notification was received under Paragraph 3.1.2 of the Disclosure Rules
and Section 324 of the Companies Act 1985.

Diageo plc (the "Company") announces that:

1. Mr PS Walsh, a director, notified the Company on 24 March 2006 that:

a. on 24 March 2006, he exercised options over 45,559 Ordinary Shares of 28 101
/108 pence each in the Company ("Ordinary Shares") granted on 20 December 1999
at a price per share of £5.18 under the Company's Senior Executive Share Option
Plan; and

b. on 24 March 2006, he sold 24,559 Ordinary Shares at a price per share of £
9.13 and 19,000 Ordinary Shares at a price per share of £9.15.

Mr Walsh retained beneficial ownership of the balance of 2,000 Ordinary Shares.

As a result of the above, Mr Walsh's interests in the Company's Ordinary Shares
(excluding options, awards under the Company's LTIPs and interests as a
potential beneficiary of the Company's employee benefit trusts) has increased
to 762,974.

2. it received notification on 27 March 2006 from Bailhache Labesse Trustees
Limited, as trustee of the Diageo Employee Benefit Trust (the "Employee Benefit
Trust") that they had transferred 45,559 Ordinary Shares to a beneficiary of
the Employee Benefit Trust following an exercise of options under the Company's
Senior Executive Share Option Plan on 24 March 2006.

As a result of this transaction the total holding of the Employee Benefit Trust
amounts to 6,467,846 shares.

Directors who are potential beneficiaries of the Employee Benefit Trust are PS
Walsh and NC Rose.

27 March 2006


 END