Director Shareholding

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

 

Diageo plc (the 'Company'), announces that Mr W S Shanahan, a director,
notified the Company on 30 July 2004 that he became aware on 30 July 2004 that
he had acquired a beneficial interest in a further 58.929 American Depositary
Shares in the Company ('ADS').  These ADSs were acquired by a broker on Mr
Shanahan's behalf by way of reinvestment of the dividend paid by the Company on
13 April 2004 at a rate of US$0.7724 per ADS.

As a result of these transactions, Mr Shanahan's beneficial interest in ADSs is
4,147.752.  One ADS is the equivalent of four ordinary shares of 28­ 101/108
pence in the  Company.

Mr Shanahan also has a beneficial interest in 850 9.42% Cumulative Preferred
Securities, Series A of Grand Metropolitan Delaware, L.P., a subsidiary of the
Company.

2 August 2004