Director Shareholding

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

 

Diageo plc (the 'Company') announces that it received notification on 5 March
2004 for the purposes of Section 329 of the Companies Act 1985 from Diageo
Share Ownership Trustees Limited (the 'Trustee'), as trustee of the Diageo
Share Incentive Plan (the 'Plan') that the Trustee sold 457 ordinary shares of
28 101/108 pence in the Company ('Ordinary Shares') in respect of participants
leaving the Plan. The Ordinary Shares were sold on 3 March 2004 and 4 March
2004 at prices per Ordinary Share of £7.3557 and £7.4003 respectively 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 Per    
Transaction                                                Share        
                                                                        
03.03.04      388                                          £7.3557      
                                                                        
04.03.04      69                                           £7.4003      

 

The total holding of the Trust now amounts to 3,182,881 ordinary shares.

 

5 March 2004