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 12
October 2004 for the purposes of Section 329 of the Companies Act 1985 that the
trustee of the Diageo Share Incentive Plan (the 'Plan') has purchased 1,195,995
ordinary shares of 28 101/108 pence in the Company ('Ordinary Shares') on 11
October 2004 at a price of £7.119761 per share in respect of participants in
the Plan. The Ordinary Shares were purchased by Diageo Share Ownership Trustees
Limited, which holds Ordinary Shares as trustee of the Plan. The Plan is an
Inland Revenue approved plan operated by Diageo Group companies for the benefit
of employees of the Company and its subsidiaries.

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

The total holding of the Trust now amounts to 4,596,873 Ordinary Shares.

12 October 2004