Director Shareholding

Diageo PLC
26 April 2001


TO:         REGULATORY NEWS SERVICE

            THE LONDON STOCK EXCHANGE
RE:         CHAPTER 16 PARAGRAPH 13

            CONTINUING OBLIGATIONS



Diageo plc (the 'Company') announces that the directors mentioned below are
participants in the Diageo Dividend Reinvestment Plan and ordinary shares of
28 101/108 pence ('Ordinary Shares') were purchased on 23 April 2001 (with a
settlement date of 26 April 2001) at a price of £7.127 in respect of the final
ordinary dividend paid on 23 April 2001:

Name of Director                  No. of Ordinary Shares
Lord Blyth                        132
R F Chase                         131
J K Oates                         32
N C Rose                          495

As a result of these transactions, the respective directors' interests in the
Company's Ordinary Shares (excluding options, awards under the Company's LTIPs
and also share interests as potential beneficiaries of the Diageo Employee
Benefit Trust, the Diageo plc QUEST and the Grand Metropolitan No.2 Employee
Share Trust) have increased to the following:

Name of Director                  No. of Ordinary Shares
Lord Blyth                        10,526
R F Chase                         10,318
J K Oates                         2,923
N C Rose                          43,510


26 April 2001