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 on 19 September 2003 for the purposes of
Section 329 of the Companies Act 1985 that the trustee of the Diageo plc QUEST
(the 'Trust') has transferred 6,297 of the Company's ordinary shares of 28 101/
108 pence ('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 19 September 2003 in relation to the
             Trust.                                                       
                                                                          
Date of Transaction      No. of Ordinary Shares    Range of Option Prices 
                         Transferred               of Ordinary Shares     
                                                                          
19.09.03                          6,297            £3.53                  

The total holding of the Trust now amounts to 6,117 Ordinary Shares.

2) that it received notification on 19 September 2003 for the purposes of
Section 329 of the Companies Act 1985 from Diageo Share Ownership Trustees
Limited (the 'Trustee'), as trustee of the Diageo 2001 All Employee Share
Ownership Plan (the 'Plan') that the Trustee sold 7 Ordinary Shares in respect
of participants leaving the Plan and transferred 16 Ordinary Shares to
participants leaving the Plan. The Ordinary Shares were sold on 12 September
2003 at a price per Ordinary Share of £6.6305 by the Trustee. The Plan is an
Inland Revenue approved plan operated by Diageo Group companies for the benefit
of employees of the Company and its subsidiaries.

  

 Date of      No of Ordinary Shares Sold          Price  
Transaction                                       Per    
                                                  Share  
                                                         
12.09.03      7                                   £6.6305

Date of       No of Ordinary Shares Transferred          
Transaction                                              
                                                         
                                                         
12.09.03      16                                         

 

The total holding of the Trust now amounts to 2,221,778 ordinary shares.

 

 

 

19 September 2003