Transaction in Own Shares

Diageo PLC
10 December 2004


Diageo plc announces that it has today purchased through Cazenove & Co. Ltd
1,210,000 ordinary shares at a price of 734.2125 pence per share. The purchased
shares will all be held as treasury shares.

Following the above purchase, Diageo plc holds 32,930,000 ordinary shares
as treasury shares. The total number of ordinary shares in issue (excluding
shares held as treasury shares) is 3,016,729,544


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