21st Nov 2005 12:53
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:1. Mr PS Walsh, a director, notified the Company on 18 November 2005 that:a. on 18 November 2005, he exercised options over 50,000 Ordinary Shares of 28101/108 pence each in the Company ("Ordinary Shares") granted on 20 December1999 at a price per share of ‚£5.18 under the Company's Senior Executive ShareOption Plan; andb. on 18 November 2005, he sold 47,500 Ordinary Shares at a price per share of‚£8.58.Mr Walsh will retain beneficial ownership of the balance of 2,500 OrdinaryShares.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) is 750,046.2. it received notification on 21 November 2005 from Bailhache Labesse TrusteesLimited, as trustee of the Diageo Employee Benefit Trust ("the Employee BenefitTrust") that they had transferred 50,000 Ordinary Shares to a beneficiary ofthe Employee Benefit Trust following an exercise of options under the Company'sSenior Executive Share Option Plan on 18 November 2005.As a result of this transaction the total holding of the Employee Benefit Trustamounts to 7,262,748 shares.Directors who are potential beneficiaries of the Employee Benefit Trust are PSWalsh and NC Rose.21 November 2005ENDDIAGEO PLCRelated Shares:
Diageo