Directors' Shareholdings

Diageo PLC
22 November 2000


                      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 15 November 2000 (with
a settlement date of 22 November 2000) at a price of £6.952 in respect of the
final ordinary dividend paid on 15 November 2000: 
 
                  Name of Director    No. of Ordinary Shares  
                  Lord Blyth          188                     
                  R F Chase           187                     
                  J B McGrath         522                     
                  J K Oates           47                      
                  N C Rose            451                     
 
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          10,394                                
           R F Chase           10,187                                
           J B McGrath         78,801(of which 2,500 are held as a   
                               non-beneficial interest)              
           J K Oates           2,891                                 
           N C Rose            29,811