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 16 July
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 531 ordinary shares of
28 101/108 pence in the Company ('Ordinary Shares') in respect of participants
leaving the Plan and transferred 10,633 Ordinary Shares to participants leaving
the Plan. The Ordinary Shares were sold on 9 July 2004 and 15 July 2004 at
prices per Ordinary Share of £7.041 and £6.9953 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        
                                                                        
09.07.04      200                                          £7.041       
                                                                        
15.07.04      331                                          £6.9953      

 

Date of       No of Ordinary Shares Transferred          
Transaction                                              
                                                         
                                                         
13.07.04      1,244                                      
                                                         
15.07.04      9,389                                      

 

 The total holding of the Trust now amounts to 3,329,762 ordinary shares.

16 July 2004