Share Buy Back Programme

Diageo PLC
30 December 2005

                                                                30 December 2005


 DIAGEO PUTS IN PLACE PROGRAMME TO ENABLE THE BUY BACK OF SHARES IN FORTHCOMING
                                 CLOSED PERIOD


Diageo plc has today announced that it has put in place an irrevocable,
non-discretionary programme to allow the company to buy back shares during the
closed period which precedes the interim results announcement on 16 February
2006.  The buy-back programme during the closed period will be managed by an
independent third party, which will make its trading decisions in relation to
the company's securities independently of, and uninfluenced by, the company.

Share buy backs will be effected during the period between 3 January 2006 and 16
February 2006 within pre-set parameters. The buy backs will be in accordance
with Diageo's general authority to repurchase shares and in accordance with
Chapter 12 of the Listing Rules. Consequently the maximum price paid will be
limited to no more than 105 per cent of the average middle market quotations of
Diageo shares for the 5 dealing days preceding the date of purchase.  The shares
repurchased will be held as Treasury shares.

In announcing this Diageo confirms that currently it has no unpublished price
sensitive information. Diageo will announce interim results for the six months
ending 31 December 2005 on 16 February 2006.


                                     -ends-


Contacts:

Investor Relations:

Catherine James [phone]  [e-mail]

Media Relations:

Isabelle Thomas [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, 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



                      This information is provided by RNS
            The company news service from the London Stock Exchange