Director Shareholding

Diageo PLC
8 November 2001


TO:         REGULATORY NEWS SERVICE
            THE LONDON STOCK EXCHANGE

RE:         CHAPTER 16 PARAGRAPH 13
            CONTINUING OBLIGATIONS


Diageo plc (the 'Company') announces that the directors mentioned below are
participants in the Diageo Dividend Reinvestment Plan and ordinary shares of
28 101/108 pence ('Ordinary Shares') were purchased on 5 November 2001 (with a
settlement date of 8 November 2001) at a price of £7.083 in respect of the
final ordinary dividend paid on 5 November 2001:

Name of Director                  No. of Ordinary Shares

Lord Blyth                        203
R F Chase                         200
N C Rose                          761
J K Oates                         50

As a result of these transactions, the respective directors' interests in the
Company's Ordinary Shares (excluding options, awards under the Company's LTIPs
and also share interests as potential beneficiaries of the Diageo Employee
Benefit Trust, the Diageo plc QUEST and the Grand Metropolitan No.2 Employee
Share Trust) have increased to the following:

Name of Director                  No. of Ordinary Shares

Lord Blyth                        11,092
R F Chase                         10,877
N C Rose                          52,582
J K Oates                         3,089


8 November 2001