Holdings in Company

Diageo PLC
17 October 2000


RE:
CHAPTER 9 PARAGRAPH 11 OF
CONTINUING OBLIGATIONS

Diageo plc (the 'Company') announces that it received notification on 13
October 2000 under sections 198-208 of the Companies Act 1985 (as amended)
(the 'Act') that as at the close of business on 5 October 2000, Brandes
Investment Partners, L.P. ('Brandes') became interested for the purposes of
the Act in 137,981,847 ordinary shares of 28 101/108 pence each in the Company
('Ordinary Shares'), comprising 69,387,911 Ordinary Shares and 17,148,484
American Depositary Shares ('ADS').  One ADS is equivalent to four Ordinary
Shares.

The Ordinary Shares and ADSs are registered in the names of approximately five
hundred and twenty custodian banks unaffiliated to Brandes and as at the close
of business on 5 October 2000, these Ordinary Shares and ADSs represented
4.04% of the issued share capital of the Company.