Director Shareholding

TO:      REGULATORY INFORMATION SERVICE                                        
                                                                               
         PR NEWSWIRE                                                           
                                                                               
RE:      CHAPTER 16 PARAGRAPH 13                                               
                                                                               
         OF THE LISTING RULES                                                  

Diageo plc (the 'Company') announces the following:

1. That it received notification on 14 October 2003 for the purposes of Section
329 of the Companies Act 1985, that Mourant & Co Trustees Limited ('Mourant'),
as trustee of the Diageo Employee Benefit Trust (the 'Employee Benefit Trust'),
purchased 490,000 Ordinary shares of 28 101/108 pence each in the Company
('Ordinary Shares') on 10 October 2003 at a price of £6.449817 per share.

The Employee Benefit Trust is a discretionary trust for the benefit of
employees of the Company and its subsidiaries and operates primarily in
conjunction with the Company's Long Term Incentive Plan, now called the Total
Shareholder Return plan (the 'Plan'), approved by shareholders in August 1998
and the Company's Senior Executive Share Option Plan ('SESOP'), approved by
shareholders in November 1999.

Both executive directors of the Company, P S Walsh and N C Rose, are potential
beneficiaries of the Employee Benefit Trust, as follows.

2. That it received notification on 15 October 2003 for the purposes of Section
329 of the Companies Act 1985 from Mourant, as trustee of the Employee Benefit
Trust, of a correction to a previously notified total holding of the Employee
Benefit Trust of Ordinary Shares. Following a review by Mourant of their
holdings, they have notified that the figure of 5,776,940 Ordinary Shares
notified on 12 September 2003, was incorrect and that the correct total holding
was 5,776,024 Ordinary Shares. 

As a result of 1. and 2. above, the total holding of the Employee Benefit Trust
amounts to 6,266,024 Ordinary Shares.

3. That it received notification on 15 October 2003 for the purposes of Section
329 of the Companies Act 1985

that the trustee of the Diageo Share Incentive Plan (the 'Plan') (formerly
named the 2001 All Employee Share Ownership Plan) has purchased 1,000,000
Ordinary Shares on 13 October 2003 at a price of £6.569021 pence per share and
31,658 Ordinary Shares on 14 October 2003 at a price of £6.66006 per share in
respect of participants in the Plan. The Ordinary Shares were purchased by
Diageo Share Ownership Trustees Limited, which holds Ordinary Shares as trustee
of the Plan. The Plan is an Inland Revenue approved plan operated by Diageo
Group companies for the benefit of employees of the Company and its
subsidiaries. Executive directors who are potential beneficiaries of the Plan
are P S Walsh and N C Rose.

The total holding of the Plan now amounts to 3,256,564 Ordinary Shares.

15 October 2003