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 on 26 April 2004 that:

a. on 26 April 2004, he exercised options over 100,000 Ordinary Shares of 28
101/108 pence each in the Company ('Ordinary Shares') granted on 20 December
1999 at a price per share of £5.18 under the Senior Executive Share Option
Scheme of the Company; and

b. on 26 April 2004, he sold 95,000 Ordinary Shares at a price per share of £
7.77.

Mr Walsh will retain the balance of 5,000 Ordinary Shares, registered in his
own name.

As a result of these transactions Mr Walsh's interest in Ordinary Shares
(excluding options, awards under the Company's LTIPs and also interests as a
potential beneficiary of the Grand Metropolitan No. 2 Employee Share Trust and
the Diageo Employee Benefit Trust) is 671,896.

 

26 April 2004