Director Shareholding

TO:       Regulatory Information Service                                 
                                                                         
          PR Newswire                                                    
                                                                         
RE:       CHAPTER 16 PARAGRAPH 13 OF                                     
                                                                         
          CONTINUING OBLIGATIONS                                         

 

Diageo plc (the 'Company') announces that today the directors named below were
granted the following options over ordinary shares of 28 101/108 pence each in
the Company ('Ordinary Shares') under the Company's Senior Executive Share
Option Plan:

Name of Director                         No of Ordinary Shares         
                                                                       
N C Rose                                 18,292                        
                                                                       
P S Walsh                                30,487                        

 

Each option was granted at a price of £6.15 per Ordinary Share and is
exercisable between 11 March 2006 and 10 March 2013, subject to satisfaction of
performance criteria.

As a result of the above, these directors' interests in the Company's Ordinary
Shares (excluding options, awards under the Company's LTIPs and also interests
as potential beneficiaries of the Diageo plc QUEST, the Grand Metropolitan No 2
Employee Share Trust, the Diageo Employee Benefit Trust, and in the case of Mr
Walsh only, the Pillsbury 401(K) Savings Plan) are as follows:

 Name of Director                        Number of Shares             
                                                                      
N C Rose                                 121,958                      
                                                                      
P S Walsh                                583,088*                     

*(of which 4,932 are held in the form of American Depositary Shares).

 

11 March 2003