11th Jul 2005 14:59
TO: Regulatory Information Service PR Newswire RE: PARAGRAPH 3.1.4 OF THE DISCLOSURE RULES The notifications listed below are each in respect of a single transaction ofwhich notification was received under Paragraph 3.1.2 of the Disclosure Rulesand, in respect of directors of the Company only, Section 324 of the CompaniesAct 1985.Diageo plc (the "Company") announces that:1. It received notification on 11 July 2005 of the following allocations ofordinary shares of 28 101/108 pence in the Company ("Ordinary Shares") underthe Diageo Share Incentive Plan (the "Plan"), namely:(i) the following directors of the Company were allocated Ordinary Shares on 11July 2005 under the Plan, by Diageo Share Ownership Trustees Limited (the"Trustee"):Name of Director Number of Ordinary Shares N C Rose 24 P S Walsh 24 (ii) the following "Persons Discharging Managerial Responsibilities" wereallocated Ordinary Shares on 11 July 2005 under the Plan, by the Trustee:Name of Person Number of Ordinary Shares S Fletcher 24 J Grover 24 A Morgan 24 G Williams 24 The number of Ordinary Shares allocated comprises those purchased on behalf ofthe employee using an amount which the employee has chosen to have deductedfrom salary ("Sharepurchase") and those awarded to the employee by the Company("Sharematch") on the basis of one Sharematch Ordinary Share for every twoSharepurchase Ordinary Shares.The Sharepurchase Ordinary Shares were purchased and the Sharematch OrdinaryShares were awarded at a price per share of ‚£8.00.The Ordinary Shares are held by the Trustee and in the name of the Trustee.Sharepurchase Ordinary Shares can normally be sold at any time. SharematchOrdinary Shares cannot normally be disposed of for a period of three yearsafter the award date.As a result of the above, interests of directors and "Persons DischargingManagerial Responsibilities" in the Company's Ordinary Shares (excludingoptions, awards under the Company's LTIPs and interests as potentialbeneficiaries of the Company's Employee Benefit Trusts) are as follows:Name of Director Number of Ordinary Shares N C Rose 243,836 P S Walsh 735,086 S Fletcher 97,070 J Grover 136,690 A Morgan 115,544 G Williams 169,107* (*of which 5,423 are held in the form of American Depository Shares ("ADS"). 1ADS is the equivalent of 4 Ordinary Shares.)2. It received notification on 11 July 2005 from Lord Blyth, a director of theCompany, that he has purchased 917 Ordinary Shares on 11 July 2005 under anarrangement with the Company, whereby he has agreed to use an amount of ‚£7,375per month, net of tax, from his director's fees to purchase Ordinary Shares.Lord Blyth has agreed to retain the Ordinary Shares while he remains a directorof the Company.The Ordinary Shares were purchased at a price per share of ‚£8.00.As a result of this purchase, Lord Blyth's interest in Ordinary Shares hasincreased to 109,216.3. It received notification on 11 July 2005 from Todd Stitzer, a director ofthe Company, that he has purchased 125 Ordinary Shares on 11 July 2005 under anarrangement with the Company, whereby he has agreed to use an amount of ‚£1,000per month, net of tax, from his director's fees to purchase Ordinary Shares.The Ordinary Shares were purchased at a price per share of ‚£8.00As a result of this purchase, Mr Stitzer's interest in Ordinary Shares hasincreased to 1,720.11 July 2005ENDDIAGEO PLCRelated Shares:
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