Transaction in Own Shares

Diageo PLC
11 November 2004


Diageo plc announces that it has today purchased through Cazenove & Co. Ltd
450,000 ordinary shares at a price of 749.5906 pence per share. The purchased
shares will all be held as treasury shares.

Following the above purchase, Diageo plc holds 16,700,000 ordinary shares
as treasury shares. The total number of ordinary shares in issue (excluding
shares held as treasury shares) is 3,032,758,724.


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