Directors' Shareholdings

Diageo PLC
13 September 2000


            CHAPTER 16 PARAGRAPH 13 OF CONTINUING OBLIGATIONS  
 
 
Diageo plc (the 'Company') announces that today the directors named below
were granted the following options over the Company's ordinary shares of 28
101/108 pence ('Ordinary Shares') under the Company's Senior Executive Share
Option Plan: 
 

                                                             
                  Name of Director    No of Ordinary Shares  
                                                             
                  N C Rose            242,760                
                  P S Walsh           447,189                
 
Each option was granted at a price of £5.87 per Ordinary Share and is
exercisable between 13 September 2003 and 13 September 2010, subject to
satisfaction of performance criteria. 
 
In addition to the above, these directors' interests in the Company's
Ordinary Shares (excluding options, awards under the Company's LTIPs and also
interests as potential beneficiaries of the Diageo plc QUEST, the Grand
Metropolitan No.2 Employee Share Trust, the Diageo Employee Benefit Trust
and, in the case of Mr Walsh only, the Pillsbury 401(K) Savings Plan), are as
follows: 

                                                             
                  Name of Director    No of Ordinary Shares  
                                                             
                  N C Rose            28,093                 
                  P S Walsh           117,132*               
 
* Including 7,548 Ordinary Shares held in the form of American Depositary
Shares.