25th Oct 2006 12:12
TO: Regulatory Information ServicePR NewswireRE: PARAGRAPH 3.1.4 OFTHE DISCLOSURE RULES1. Diageo plc (the "Company") announces that it received the followingnotifications under Paragraph 3.1.2 of the Disclosure Rules and Section 324 ofthe Companies Act 1985:(a) on 24 October 2006, that Mr A Morgan, a Person Discharging ManagerialResponsibilities, had sold 35,000 Ordinary Shares on 24 October 2006, at aprice per share of ‚£9.63.As a result of the above, Mr Morgan's interests in the Company's OrdinaryShares (excluding options, awards under the Company's LTIPs and interests as apotential beneficiary of the Company's employee benefit trusts) is 106,908.(b) on 25 October 2006, that Mr PS Walsh, a director, had exercised options on23 October 2006 over 200,000 Ordinary Shares of 28 101/108 pence each in theCompany ("Ordinary Shares") granted on 13 September 2000 at a price per shareof ‚£5.87 under the Company's Senior Executive Share Option Plan. Mr Walshsubsequently sold 190,000 Ordinary Shares, on 23 October 2006, at a price pershare of ‚£9.65.Mr Walsh retains beneficial ownership of the balance of 10,000 Ordinary Shares.As a result of the above, Mr Walsh's interests in the Company's Ordinary Shares(excluding options, awards under the Company's LTIPs and interests as apotential beneficiary of the Company's employee benefit trusts) has increasedto 573,436.2. The Company announces that it received notification on 24 October 2006 fromAppleby Trust (Jersey) Limited, as trustee of the Diageo Employee Benefit Trust(the "Employee Benefit Trust") that they had transferred 200,000 OrdinaryShares to a beneficiary of the Employee Benefit Trust following an exercise ofoptions under the Company's Senior Executive Share Option Plan on 23 October2006.As a result of this transaction the total holding of the Employee Benefit Trustamounts to 6,260,442 shares.Directors who are potential beneficiaries of the Employee Benefit Trust are PSWalsh and NC Rose.25 October 2006ENDDIAGEO PLCRelated Shares:
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