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 17
December 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 2,268 ordinary
shares of 28 101/108 pence in the Company ('Ordinary Shares') in respect of
participants leaving the Plan and transferred 56,074 Ordinary Shares to
participants leaving the Plan. The Ordinary Shares were sold between 8 December
2004 and 16 December 2004 at prices per Ordinary Share of between £7.3106 and £
7.386, by the Trustee.

Date of       No of Ordinary Shares Sold          Price Per    
Transaction                                       Share        
                                                               
08.12.04      71                                  £7.3106      
                                                               
10.12.04      69                                  £7.3206      
                                                               
10.12.04      219                                 £7.3206      
                                                               
16.12.04      1,909                               £7.386       

Date of       No of Ordinary Shares Transferred          
Transaction                                              
                                                         
                                                         
10.12.04      2,792                                      
                                                         
16.12.04      53,282                                     

 

The total holding of the Trust now amounts to 4,535,579 Ordinary Shares.

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

17 December 2004