Transaction in Own Shares

Diageo PLC
09 December 2004




Diageo plc announces that it has today purchased through Cazenove & Co. Ltd

820,000 ordinary shares at a price of 730.3242 pence per share. The purchased

shares will all be held as treasury shares.



Following the above purchase, Diageo plc holds 31,720,000 ordinary shares

as treasury shares. The total number of ordinary shares in issue (excluding

shares held as treasury shares) is 3,017,866,370




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