Directors' Dealings

Diageo PLC
11 January 2000

     
RE:  CHAPTER 16 PARAGRAPH 13
     OF CONTINUING OBLIGATIONS

Diageo  plc (the 'Company') announces that on 10  January
2000  Mr P S Walsh, a director, notified the Company that
on  7  January  2000 he received 647 American  Depositary
Shares  ('ADSs')  having exercised an  option  under  the
Company's US Employee Stock Purchase Plan which had  been
granted to him on 1 January 1999 at a price of $30.87 per
ADS.  One ADS is equivalent to four ordinary shares of 28
101/108 pence ('Ordinary Shares').

As  a  result of this transaction, Mr Walsh's  beneficial
interests  in  the  Company's Ordinary Shares  (excluding
options,  awards made under the Company's LTIPs and  also
interests  as  a  potential  beneficiary  of  the  Diageo
Employees' Benefit Trust, the Diageo plc QUEST, the Grand
Metropolitan No. 2 Employee Share Trust and the Pillsbury
401(K) Savings Plan) have increased to 106,556, including
56,068 Ordinary Shares held in the form of ADSs.