Directors' Dealings

Diageo PLC
2 December 1999

RE:  CHAPTER 16 PARAGRAPH 13
     CONTINUING OBLIGATIONS

Diageo  plc  (the 'Company') announces that  Sir  Anthony
Greener,  Chairman, notified the Company  on  1  December
1999 that on 29 November 1999 he exercised an option over
1,101  of  the  Company's ordinary shares of  28  101/108
pence  ('Ordinary Shares') granted to him on  6  November
1996  at  a  price  of £3.54 per share,  and  that  on  1
December  1999  he exercised an option over  961  of  the
Company's  Ordinary Shares granted to him on  3  November
1994 at a price of £3.59 per share.

As  a result of these transactions, Sir Anthony Greener's
beneficial  interests  in the Company's  Ordinary  Shares
(excluding options, awards under the Company's LTIPs  and
also  interests as a potential beneficiary of the  Diageo
Employee  Benefit  Trust, the Diageo plc  QUEST  and  the
Diageo  Employee  Incentive Trusts 1994  and  1996)  have
increased to 204,111.

The  Company  further announces that  Mr  C  A  Storm,  a
director, notified the Company on 1 December 1999 that on
29 November 1999 he exercised an option over 1,101 of the
Company's  Ordinary Shares granted to him on  6  November
1996  at  a  price  of £3.54 per share,  and  that  on  1
December  1999 he exercised an option over 1,153  of  the
Company's  Ordinary Shares granted to him on  3  November
1994  at  a  price of £3.59 per share.  These shares  are
subsequently being transferred to Mr C A Storm's  spouse,
Mrs J M Storm.

As  a  result  of  these transactions,  Mr  C  A  Storm's
beneficial  interests  in the Company's  Ordinary  Shares
(excluding options, awards under the Company's LTIPs  and
also  interests as a potential beneficiary of the  Diageo
Employee  Benefit  Trust, the Diageo plc  QUEST  and  the
Diageo  Employee  Incentive Trusts 1994  and  1996)  have
increased to 62,710.

The  Company further announces that Mr R P Wilson, a non-
executive  director, notified the Company today  that  he
today acquired 12 of the Company's Ordinary Shares.   The
shares  were purchased by and registered in the  name  of
Lloyds Bank PEP Nominees Limited at a price of £5.70  per
share, following the re-investment of dividend proceeds.

As  a  result  of  this  transaction,  Mr  R  P  Wilson's
beneficial  interests  in the Company's  Ordinary  Shares
have increased to 5,242.