Director/PDMR Shareholding

RNS Number : 9700U

Diageo PLC

12 April 2016

TO:

Regulatory Information Service

RE:

PARAGRAPH 3.1.4 OF THE DISCLOSURE AND TRANSPARENCY RULES

The notifications listed below were all received under Paragraph 3.1.2 of the Disclosure and Transparency Rules.

Diageo plc (the "Company") announces that:

1. It received notification on 11 April 2016 of the following allocations of ordinary shares of 28 ¹⁰¹/₁₀₈ pence each in the Company ("Ordinary Shares") under the Diageo Share Incentive Plan (the "Plan"), namely:

(i) the following director of the Company was allocated Ordinary Shares on 11 April 2016 under the Plan, by Diageo Share Ownership Trustees Limited (the "Trustee"):

Name of Director

Number of Ordinary Shares

K Mikells

(ii) the following Persons Discharging Managerial Responsibilities ("PDMR") were allocated Ordinary Shares on 11 April 2016 under the Plan, by the Trustee:

Name of PDMR	Number of Ordinary Shares
N Blazquez	9
D Cutter	9
S Moriarty	10

The number of Ordinary Shares allocated comprises those purchased on behalf of the employee 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 £19.16.

The Ordinary Shares are held by the Trustee and in the name of 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.

2. It received notification on 11 April 2016 that Dr FB Humer, a director of the Company, had purchased 432 Ordinary Shares on 11 April 2016 under an arrangement with the Company, whereby he has agreed to use an amount of £8,000 each month, net of tax, from his director's fees to purchase Ordinary Shares. Dr Humer 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 £19.16.

3. It received notification on 11 April 2016 that the following director and PDMRs, as participants in the Diageo Dividend Reinvestment Plan (the "Plan") received Ordinary Shares in respect of the interim dividend paid on 7 April 2016, as follows:

Name of Director	Number of Ordinary Shares
Dr FB Humer	718

Name of PDMR
N Blazquez	469
D Cutter	5
S Fischer	12
S Moriarty	593

The Ordinary Shares were purchased on 7 April 2016 (with a settlement date of 12 April 2016) at a price of £19.20.

The Ordinary Shares referred to in items 1, 2 and 3 above were purchased on the London Stock Exchange.

As a result of the above transactions, interests of directors and PDMRs in the Company's Ordinary Shares and American Depository Shares ("ADS")* (excluding options, awards under the Company's LTIPs and interests as potential beneficiaries of the Company's Employee Benefit Trusts) are as follows:

Name of Director	Number of Ordinary Shares
Dr FB Humer	66,425
K Mikells	13560 (of which 13,520 are held as ADS)*
Name of PDMR	Number of Ordinary Shares
N Blazquez	98,821
D Cutter	8,824
S Fischer	17,340
S Moriarty	52,630