Director Shareholding

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

 

Diageo plc (the 'Company') announces that:

1) it received notification on 26 November 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 34 ordinary shares of 28 101/108 pence in the Company ('Ordinary
Shares') in respect of participants leaving the Plan. The Ordinary Shares were
sold on 24 November 2004 at a price per Ordinary Share of £7.41 by the Trustee.

The total holding of the Trust now amounts to 4,571,909 Ordinary Shares.

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

2) it received notification on 25 November 2004 that on that day Mr PS Walsh, a
director, sold 35,000 Ordinary Shares at a price per Ordinary Share of £7.42.
As a result of this transaction, Mr Walsh's interest in Ordinary Shares in the
Company (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 637,503.

26 November 2004