18th Feb 2005 14:28
TO: Regulatory Information Service PR Newswire RE: CHAPTER 16 PARAGRAPH 13 OF THE LISTING RULES Diageo plc (the "Company") announces that it received notification, for thepurposes of Section 329 of the Companies Act 1985:1) on 18 February 2005 from Diageo Share Ownership Trustees Limited (the"Trustee"), as trustee of the Diageo Share Incentive Plan (the "Plan") that theTrustee sold 34 ordinary shares of 28 101/108 pence in the Company ("OrdinaryShares") in respect of participants leaving the Plan. The Ordinary Shares weresold on 11 February 2005 at a price per Ordinary Share of ‚£7.4056 by theTrustee. The Plan is an Inland Revenue approved plan operated by Diageo Groupcompanies for the benefit of employees of the Company and its subsidiaries.The total holding of the Trust now amounts to 4,524,580 ordinary shares. 2) on 18 February 2005 from the directors shown below that they acquired, on18 February 2005, an interest in Ordinary Shares in the form of awards underthe Company's Long Term Incentive Plan, now called the Total Shareholder Returnplan (the "TSR"), approved by shareholders on 11 August 1998, as follows: Name of Director No. of Ordinary Shares N C Rose 109,223 P S Walsh 241,852 The number shown above for each director is the maximum number of shares whichcould be transferred upon achieving top performance (1st or 2nd position) byreference to Diageo's eighteen company peer group used in the performance testfor the 2005 awards under the TSR. At position 9 within the TSR peer group23.3% of the above shares would be transferred.The performance period commenced on 1 January 2005 and, subject to the rules ofthe TSR and achievement of the performance requirement, the awards will bereleased in February 2008.18 February 2005ENDRelated Shares:
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