Interim Management Statement

Diageo PLC
08 May 2008


                                                                      8 May 2008



      Interim management statement for the nine months ended 31 March 2008

Diageo maintains full year guidance for 9% organic operating profit growth in
                            year ending 30 June 2008.


In the nine month period ended 31 March 2008 Diageo's organic net sales growth
was 7%, in line with the performance seen in the first half of the year ending
30 June 2008.

There has been no material change in the financial position of the group. The
return of cash to shareholders through the payment of dividends and the
continued share buy back programme led to a reduction in net assets from £4.2
billion at 30 June 2007 to £3.9  billion at 31 March 2008. 

Paul Walsh, Chief Executive of Diageo commented: 

'Trading in the third quarter continued in line with the first half and we are
therefore maintaining our guidance for 9% organic operating profit growth for
the current fiscal year. 

'We continue to believe that the diversity and strength of our brands, the
success of our marketing campaigns, our superior routes to market and our global
reach will be key in delivering our performance .' 


                                 -ends- 



Notes to editor:

The introduction of the EU Transparency Directive in 2006 required companies
whose securities are admitted to trading on a regulated market in the EU to
issue interim management statements for financial years beginning after 20
January 2007. Diageo is therefore required to publish interim management
statements from the financial year beginning 1 July 2007. At the time of the
preliminary results on 30 August 2007 Diageo announced the following timetable
for issuing interim management statements:

At the AGM in October 2007
At the interim results in February 2008
In May 2008
At the preliminary results in August 2008


For further information:

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Forward-looking statements

This document contains certain forward-looking statements within the meaning of
Section 27A of the US Securities Act of 1933 and Section 21E of the US
Securities Exchange Act of 1934. These forward-looking statements can be
identified by the fact that they do not relate only to historical or current
facts. In particular, all statements that express forecasts, expectations and
projections with respect to future matters, including trends in results of
operations, margins, growth rates, overall market trends, the impact of interest
or exchange rates, the availability of financing to Diageo, anticipated cost
savings or synergies and the completion of Diageo's strategic transactions, are
forward-looking statements. By their nature, forward-looking statements involve
risk and uncertainty because they relate to events and depend on circumstances
that will occur in the future. There are a number of factors that could cause
actual results and developments to differ materially from those expressed or
implied by these forward-looking statements, including factors that are outside
Diageo's control. All oral and written forward-looking statements made on or
after the date of this document and attributable to Diageo are expressly
qualified in their entirety by the 'risk factors' contained in Diageo's annual
report on Form 20-F for the year ended 30 June 2007 filed with the US Securities
and Exchange Commission (SEC). Any forward-looking statements made by or on
behalf of Diageo speak only as of the date they are made. Diageo does not
undertake to update forward-looking statements to reflect any changes in
Diageo's expectations or any changes in events, conditions or circumstances on
which any such statement is based. The reader should, however, consult any
additional disclosures that Diageo may make in documents it files with the SEC. 
All readers, wherever based, should take note of these disclosures. The
information in this document does not constitute an offer to sell or an
invitation to buy shares in Diageo plc or any other invitation or inducement to
engage in investment activities.  Past performance cannot be relied upon as a
guide to future performance. 







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