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 27 August
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 1,035 ordinary shares
of 28 101/108 pence in the Company ('Ordinary Shares') in respect of
participants leaving the Plan, on 20 August 2004 at a price of £6.6113 per
share and transferred 10,181 Ordinary Shares to participants leaving the Plan,
on 20 August 2004. The Plan is an Inland Revenue approved plan operated by
Diageo Group companies for the benefit of employees of the Company and its
subsidiaries.

The total holding of the Plan now amounts to 3,347,452 Ordinary Shares.

Directors who are potential beneficiaries of the Plan are NC Rose and PS Walsh.

27 August 2004