Director Shareholding

TO:       Regulatory Information Service                                 
                                                                         
          PR Newswire                                                    
                                                                         
RE:       CHAPTER 16 PARAGRAPH 13 OF                                     
                                                                         
          THE LISTING RULES                                              

 

Diageo plc (the 'Company') announces:

1)that it received notification today from Mr. P. A. Walker, a director, that
he purchased on 17 April 2003 7,250 of the Company's ordinary shares of 28 101/
108 pence ('Ordinary Shares') at a price per Ordinary Share of 680p.

As a result of this transaction Mr. Walker's interest in Ordinary Shares is
7,250.

 

2) that it received notification on 17 April 2003 for the purposes of Section
329 of the Companies Act 1985 that the trustee of the Diageo plc QUEST (the
'Trust') has transferred 8,246 Ordinary Shares to participants exercising
options granted under the Company's UK Savings-Related Stock Option Scheme and
the Grand Metropolitan Savings-Related Share Option Scheme (the 'Schemes'). The
Ordinary Shares were transferred by Diageo QUEST Trustees Limited as trustee of
the Trust. The Trust is a discretionary trust for the benefit of employees of
the Company and its subsidiaries which operates in conjunction with the Schemes
and holds Ordinary Shares to satisfy existing options granted under the
Schemes.

1.           Executive directors who are potential beneficiaries of the   
             Trust are:                                                   
                                                                          
             N C Rose                                                     
                                                                          
             P S Walsh                                                    
                                                                          
2.           Transactions notified on 17 April 2003 in relation to the    
             Trust.                                                       
                                                                          
Date of Transaction      No. of Ordinary Shares    Range of Option Prices 
                         Transferred               of Ordinary Shares     
                                                                          
17.04.03                          8,246            £4.645 - £5.23         

The total holding of the Trust now amounts to 281,401 Ordinary Shares.

 

 

17 April 2003