Directors' Notification of Dealing in Shares

Diageo PLC
27 June 2000

                       RE:    CHAPTER 16 PARAGRAPH 13    
                              CONTINUING OBLIGATIONS     
 
Diageo plc (the 'Company') announces that Sir Anthony Greener, Chairman,
notified the Company on 27 June 2000 that on 26 June 2000 he called for
37,076 of the Company's Ordinary Shares of 28 101/108 pence ('Ordinary
Shares') which vested on 27 June 1999 under the Company's Long Term Incentive
Plan 1996 (formerly the Guinness Long Term Incentive Plan 1996) at a call
price of 0.001 pence per Ordinary Share. 
 
As a result of this transaction Sir Anthony'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 341,561 Ordinary Shares.