15th Mar 2006 13:01
TO: Regulatory Information ServicePR NewswireRE: PARAGRAPH 3.1.4 OFTHE DISCLOSURE RULESThe notification listed below is in respect of a single transaction of whichnotification was received under paragraph 3.1.2 of the Disclosure Rules andSection 324 of the Companies Act 1985.Diageo plc (the "Company") announces that it received notification:1. on 14 March 2006 from NC Rose, a director of the Company, that he had on 14March 2006:(i) exercised the following options: a. over 84,716 Ordinary Shares of 28 101/108 pence in the Company ("Ordinary Shares") granted on 12 September 2001 at a price per Ordinary Share of ‚£ 6.87 under the Company`s Senior Executive Share Option Plan (the "Plan") and; b. over 18,292 Ordinary Shares granted on 11 March 2003 at a price per Ordinary Share of ‚£6.15 under the Plan. (ii) sold 98,008 Ordinary Shares at a price of ‚£9.11 per Ordinary Share, andretained beneficial ownership of the balance of 5,000 Ordinary Shares.As a result of the above, Mr Rose's interest in Ordinary Shares in the Company(excluding options, awards under the Company's LTIPs and interest as apotential beneficiary of the Company's employee benefit trusts) has increasedto 290,888.2. on 15 March 2006 from Bailhache Labesse Trustees Limited ("Bailhache"), astrustee of the Diageo Employee Benefit Trust (the "Trust") that they hadtransferred 103,008 Ordinary Shares to a beneficiary of the Trust on 14 March2006, following an exercise of options under the Plan.As a result of the above transactions the total holding of the Employee BenefitTrust amounts to 6,513,405 Ordinary Shares.Directors who are potential beneficiaries of the Trust are PS Walsh and NCRose.15 March 2006ENDDIAGEO PLCRelated Shares:
Diageo