Transaction in Own Shares

Diageo PLC
28 February 2005




Diageo plc announces that it has today purchased through JPMorgan Cazenove

Limited 750,000 ordinary shares at a price of 746.9174 pence per share.

The purchased shares will all be held as treasury shares.



Following the above purchase, Diageo plc holds 42,830,000 ordinary shares

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

shares held as treasury shares) is 3,006,977,988.




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