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 non-executive
director, notified the Company today that on 16 November 2004 he ceased to hold
a beneficial interest in 850 9.42% Cumulative Preferred Securities, Series A
('Preferred Securities') of Grand Metropolitan Delaware, L.P (the
'Partnership')., a subsidiary of the Company.  The Preferred Securities were
redeemed by the Partnership on 16 November 2004 at a price of $25.00 per
Preferred Security together with accumulated and unpaid dividends to the date
of redemption.

Mr Shanahan's beneficial interest in American Depositary Shares in the Company
('ADS') is 4,147.  One ADS is the equivalent of four ordinary shares of 28­ 101
/108 pence in the  Company.

16 November 2004