Regulatory Approval

Diageo PLC
21 September 2004

                                                               21 September 2004

                     DIAGEO ANNOUNCES GENERAL MILLS UPDATE

On 23 June 2004, General Mills filed a registration statement with the U.S.
Securities and Exchange Commission (the 'SEC') that included 49,907,680 shares
of General Mills owned by Diageo.

As General Mills has announced today, General Mills has informed Diageo that on
20 September 2004 the registration statement was declared effective by the SEC.

Diageo remains committed to selling its stake in General Mills subject to market
conditions.

                                    --ends--

This press release shall not constitute an offer to sell or the solicitation of
an offer to buy, nor shall there be any sale of, any securities in any
jurisdiction in which such offer, solicitation or sale would be unlawful prior
to registration or qualification under the securities laws of any such
jurisdiction.



Diageo investor enquiries to:
Catherine James [phone] [e-mail]
Diageo media enquiries to:
Kathryn Partridge [phone] [e-mail]



Notes to editor:

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, Jose Cuervo, Captain
Morgan and Tanqueray, and Beaulieu Vineyard and Sterling Vineyards wines. Diageo
trades in some 180 countries 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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