Transaction in Own Shares

Diageo PLC
12 November 2004


Diageo plc announces that it has today purchased through Cazenove & Co. Ltd
650,000 ordinary shares at a price of 747.2122 pence per share. The purchased
shares will all be held as treasury shares.

Following the above purchase, Diageo plc holds 17,350,000 ordinary shares
as treasury shares. The total number of ordinary shares in issue (excluding
shares held as treasury shares) is 3,032,108,724.


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