Diageo to Issue Trading State

Diageo PLC
18 June 2007

                                                                    18 June 2007


  DIAGEO TO ISSUE TRADING STATEMENT ON 28 JUNE 2007 AND ANNOUNCES PROGRAMME TO
          ENABLE SHARE BUY BACKS TO CONTINUE DURING THE CLOSED PERIOD


Diageo plc will issue a trading statement on the 28 June 2007 with respect to
the fiscal year ending 30 June 2007.  As a result, it will enter a closed period
which begins on 19 June and ends at the close of business on 30 August 2007
following the preliminary results announcement.  Diageo has put in place an
irrevocable, non-discretionary programme to allow the company to buy back shares
during the closed period.  The buy back programme during the closed period will
be managed by an independent third party, which will make its trading decisions
in relation to the company's securities independently of, and uninfluenced by,
the company.

Share buy backs will be effected during the period between 19 June 2007 and 30
August 2007 inclusive within pre-set parameters. The buy backs will be in
accordance with Diageo's general authority to repurchase shares and in
accordance with Chapter 12 of the Listing Rules. Consequently the maximum price
paid will be limited to no more than 105 per cent of the average middle market
quotations of Diageo shares for the 5 dealing days preceding the date of
purchase. The shares repurchased will be cancelled on a daily basis.

In announcing this Diageo confirms that currently it has no unpublished price
sensitive information.

                                     -Ends-

For further information:

Media enquiries            Isabelle Thomas [phone] [e-mail]


Notes to Editor:

Diageo is the world's leading premium drinks business.  With its global vision,
and local marketing focus, Diageo brings to consumers an outstanding collection
of beverage alcohol brands across the spirits, wine and beer categories
including Smirnoff, Guinness, Johnnie Walker, Baileys, J&B, Jose Cuervo,
Captain Morgan and Tanqueray, and Beaulieu Vineyard and Sterling Vineyards
wines.  Diageo trades in some 180 countries around the world and is listed on
both the New York Stock Exchange (DEO) and the London Stock Exchange (DGE). For
more information about Diageo, its people, brands and performance, visit us at
www.diageo.com



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