21st Jan 2005 14:23
TO: Regulatory Information Service PR Newswire RE: CHAPTER 16 PARAGRAPH 13 OF THE LISTING RULES Diageo plc (the "Company") announces that:1. It received notification on 21 January 2005 for the purposes of Section 329of the Companies Act 1985 from Diageo Share Ownership Trustees Limited (the"Trustee"), as trustee of the Diageo Share Incentive Plan (the "Plan") that theTrustee sold 2,674 ordinary shares of 28 101/108 pence in the Company("Ordinary Shares") in respect of participants leaving the Plan and transferred53,734 Ordinary Shares to participants leaving the Plan. The Ordinary Shareswere sold on 14 January 2005 and 20 January 2005 at prices per Ordinary Shareof ‚£7.356 and ‚£7.38 respectively, by the Trustee.Date of No of Ordinary Shares Sold Price Per Transaction Share 14.01.05 2,387 ‚£7.356 20.01.05 287 ‚£7.38 Date of No of Ordinary Shares Transferred Transaction 14.01.05 52,813 20.01.05 921 The total holding of the Trust now amounts to 4,517,863 Ordinary Shares.Directors who are potential beneficiaries of the Plan are NC Rose and PS Walsh.2. It received notification on 21 January 2005 for the purposes of Section 329of the Companies Act 1985 from Hill Street Trustees Limited as the trustee ofthe Grand Metropolitan PLC No 2 Employee Share Trust (the "Employee ShareTrust") that call options to purchase 16,558 Ordinary Shares were taken up on12 January 2005 at a price of ‚£3.82 per Ordinary Share.The Employee Share Trust is a discretionary trust for the benefit of employeesof the Company and its subsidiaries and operates primarily in conjunction withformer Grand Metropolitan PLC share schemes.Directors who are potential beneficiaries of the Employee Share Trust are NCRose and PS Walsh.As a result of the above transactions, the Employee Share Trust's total holdingin the Company is 98,570 Ordinary Shares and 363,538 Ordinary Shares subject tocall options.21 January 2005ENDRelated Shares:
Diageo