Publication of Final Terms

Diageo PLC
22 May 2007


22 May 2007

Diageo

Publication of Final Terms

Final Terms in relation to the issue today by Diageo Finance plc of € 750m
Floating Rate Debt Instruments due 2012. The Prospectus relating to the
US$5,000,000,000 Debt Issuance Programme of Diageo Finance plc, and guaranteed
by Diageo plc, was published on 29 September 2006 (Regulatory Announcement
number 7240J), and was supplemented by a Supplemental Prospectus published on 27
February 2007 (Regulatory Announcement number 9339R). 

The following document constitutes the Final Terms of the Debt Instruments
described therein and must be read in conjunction with the Prospectus (as
supplemented).

To view the Final Terms in full, please paste the following URL into the address
bar of your browser.

http://www.rns-pdf.londonstockexchange.com/rns/0347x_-2007-5-22.pdf

For further information, please contact:

Darren Jones       [phone]      [e-mail]
Investor Relations
Isabelle Thomas    [phone]      [e-mail]
Media Relations

Disclaimer

The Prospectus, as so supplemented, and the Final Terms are not provided for, or
directed at, U.S. persons or persons in the United States. If you are a U.S.
person or are viewing this page from the United States, you should exit this
section of the website. 

The Debt Instruments issued hereby have not been and will not be registered
under the United States Securities Act of 1933, as amended (the 'Securities
Act'), or under any relevant securities laws of any state of the United States
of America, and may not be offered or sold to U.S. persons or to persons within
the United States of America, except pursuant to an exemption from the
Securities Act.  

Please note, the information contained in the Prospectus (as supplemented) and
the Final Terms may be addressed to and/ or targeted at persons who are
residents of particular countries (specified in the Prospectus) only and is not
intended for use and should not be relied upon by any person outside these
countries and/ or to whom the offer contained in the Prospectus, as so
supplemented, and the Final Terms is not addressed. Prior to relying on the
information contained in the Prospectus, as so supplemented, and the Final Terms
you must ascertain from the Prospectus whether or not you are part of the
intended addressees of the information contained therein.

Your right to access this service is conditional upon complying with the above
requirement. 




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