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 10 May 2005 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:

(i) the Trustee purchased 42,165 ordinary shares of 28 101/108 pence in the
Company ('Ordinary Shares') in respect of participants in the Plan on 10 May
2005 at a price of £7.89 per share. The Ordinary Shares were purchased by
Diageo Share Ownership Trustees Limited, which holds Ordinary Shares as trustee
of the Plan;

(ii) the following directors of the Company were allocated Ordinary Shares on
10 May 2005 under the Plan, from those purchased by the Trustee as disclosed in
(i) above:

Name of Director         Number of Ordinary Shares             
                                                               
N C Rose                 24                                    
                                                               
P S Walsh                24                                    
                                                               

The number of Ordinary Shares allocated comprises those purchased by the
Trustee using an amount which the employee has chosen to have deducted from
salary ('Sharepurchase') and those awarded to the employee by the Company
('Sharematch') on the basis of one Sharematch Ordinary Share for every two
Sharepurchase Ordinary Shares.

The Sharepurchase Ordinary Shares were purchased and the Sharematch Ordinary
Shares were awarded at a price per share of £7.89.

The Ordinary Shares are held by the Trustee. Sharepurchase Ordinary Shares can
normally be sold at any time. Sharematch Ordinary Shares cannot normally be
disposed of for a period of three years after the award date.

 

As a result of purchases, awards and transfers made by the Trustee on behalf of
the Company on 10 May 2005 in respect of all participants in the Plan, the
total holding of the Trustee now amounts to 4,569,577 Ordinary Shares.

As a result of the above, these directors' interests in the Company's Ordinary
Shares (excluding options, awards under the Company's LTIPs and also interests
as potential beneficiaries of the Grand Metropolitan No 2 Employee Share Trust
and the Diageo Employee Benefit Trust) are as follows:

Name of Director         Number of Ordinary Shares             
                                                               
N C Rose                 238,790                               
                                                               
P S Walsh                725,040                               
                                                               

 

It received notification on 10 May 2005 from Lord Blyth, a director of the
Company, that he has purchased 929 Ordinary Shares on 10 May 2005 under an
arrangement with the Company, whereby he has agreed to use an amount of £7,375
per month, net of tax, from his director's fees to purchase Ordinary Shares.
Lord Blyth has agreed to retain the Ordinary Shares while he remains a director
of the Company.

The Ordinary Shares were purchased at a price per share of £7.89.

As a result of this purchase, Lord Blyth's interest in Ordinary Shares has
increased to 107,401.

It received notification on 10 May 2005 from Todd Stitzer, a director of the
Company, that he has purchased 126 Ordinary Shares on 10 May 2005 under an
arrangement with the Company, whereby he has agreed to use an amount of £1,000
per month, net of tax, from his director's fees to purchase Ordinary Shares.

The Ordinary Shares were purchased at a price per share of £7.89

As a result of this purchase, Mr Stitzer's interest in Ordinary Shares has
increased to 1,474.

10 May 2005