Disposal of Stock

Diageo PLC
04 October 2004

PRESS RELEASE

                                                                  4 October 2004

Diageo announces intention to sell 49.9 million shares of common stock of
General Mills

Diageo announced today its intention to sell 49,907,680 shares of common stock
held in General Mills, Inc. Diageo intends to sell a majority of the shares in
an underwritten public offering. Citigroup, Merrill Lynch & Co., Morgan Stanley
and Lehman Brothers are acting as representatives of the underwriters in the
offering. The remainder of the shares are expected to be sold to General Mills.

This press release shall not constitute an offer to sell or the solicitation of
an offer to buy securities either in the United States or any other
jurisdiction, nor shall there be any sale of these securities in and
jurisdiction in which such offer, solicitation or sale would be unlawful prior
to registration and qualification under the securities laws of any such
jurisdiction. Any offer of securities and each announcement thereof is being
made in compliance with, and any documents related thereto comply with, the laws
and regulations of each state where persons to whom such offer is made are
resident. Any public offering of securities in the United States is being made
solely by means of a prospectus supplement to the prospectus included in the
Registration Statement filed by General Mills, Inc. and previously declared
effective.

A written prospectus meeting the requirements of Section 10 of the U.S.
Securities Act of 1933 will be available from Citigroup (388 Greenwich Street,
32nd Floor, New York, NY 10013 tel. [phone]), Merrill Lynch (Merrill Lynch
North Tower, New York, NY 10081 tel:[phone]) or Morgan Stanley (1585
Broadway, New York, NY 10036 tel: [phone]).

Ends -

Investor enquiries:

Catherine James [phone] or [e-mail]

Media enquiries:

Isabelle Thomas [phone] or [e-mail]

About Diageo plc

Diageo is the world's leading premium drinks business. With its global vision,
and local marketing focus, Diageo brings to consumers an outstanding collection
of beverage alcohol brands across the spirits, wine and beer categories
including Smirnoff, Guinness, Johnnie Walker, Baileys, J&B, Cuervo, Captain
Morgan and Tanqueray, and Beaulieu Vineyard and Sterling Vineyards wines. Diageo
trades in some 180 markets around the world and is listed on both the New York
Stock Exchange (DEO) and the London Stock Exchange (DGE). For more information
about Diageo, its people, brands and performance, visit us at www.diageo.com



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