Director Shareholding

TO: Regulatory Information Service

PR Newswire

RE: CHAPTER 16 PARAGRAPH 13 OF

THE LISTING RULES

 

Diageo plc (the 'Company') announces that Mr P S Walsh, a director, notified
the Company today that:

i) on 20 June 2003 he exercised an option over 10,000 of the Company's American
Depositary Shares ('ADSs')*, granted to him on 4 January 1996 under the
Company's US Stock Option Plan at a price of $29.38 per ADS; and

ii) on 23 June 2003, he sold 9,000 ADSs at a price of $47.005 per ADS.

The balance of 1,000 ADSs was retained by Mr Walsh in his own name.

As a result of these transactions, Mr Walsh's beneficial interest in the
Company's Ordinary Shares of 28 101/108 pence ('Ordinary Shares') (excluding
options, awards under the Company's LTIPs and also interests as a potential
beneficiary of Diageo Employee Benefit Trust, Grand Metropolitan No. 2 Employee
Share Trust, Diageo plc QUEST and Pillsbury 401 (K) Savings Plan) has increased
to 591,172 of which 4,932 are held in the form of ADSs.

* 1 ADS is equivalent to 4 Ordinary Shares.

 

 

 

23 June 2003.