Diageo Year-End Results Invitation and Itinerary for Diageo's Release of Year End Results on September 5, 2002


LONDON, Aug. 2, 2002 (PRIMEZONE) -- Diageo PLC (NYSE:DEO) today announced the release of its Preliminary Results for the full-year to 30 June 2002 on 5th September 2002. Information relating to the Results will be available as set out below.

Preliminary Announcement

Diageo plc's Preliminary Announcement will be released on the London Stock Exchange at approximately 2 p.m. EDT. This will be available at the same time on our internet homepage at the address: www.diageo.com

Invitation to Presentation

You are invited to attend a presentation to analysts and investors on:



      Thursday 5th September 2002 at 04.30 EDT
      The Merrill Lynch Financial Centre
      2 King Edward Street
      London, EC1A 1HQ 
      Raw Financial

The presentation will be broadcast live for those who have access to Raw Financial.

Live Telecast (listen only)

You will be able to listen to a live broadcast of the presentation and Q&A session but will be unable to participate. The number to call is:



    From U.S./UK/Europe:  +44 (0) 208 781 0576
    Back-up No:  +44 (0) 208 240 8245

Webcast

The presentation will also be broadcast on our internet homepage at the address: www.diageo.com. Prior to the live link, the presentation slides will also be available to download on our homepage.

Tape Recording

An instant replay facility will be available from 06.00 EDT to call-in and listen to the morning session. The facility will be available until 19 September 2002. The number to call is:



 UK/Europe :   +44 (0) 208 288 4459     Access code:   412352
 Freephone     0500 637 880             Access code:   412352   
 (UK only)    
 USA/Canada    + 1 703 736 7336         Access code:   412352

Conference Call

Diageo Management will host a teleconference to U.S. and European analysts and investors on:

Thursday 5th September 10.00 EDT

To participate in the conference, please dial the following number approximately 10 minutes before the commencement time. Please note there will also be a listen only option.



 From UK/Europe :    +44 (0) 208 401 1043
 From USA/Canada :   +1 415 217 0050
 Backup No:          +44 (0) 208 240 8244

Participation in Conference Call

In order that we make sure that enough lines are available, please confirm your attendance with Kelly Padgett.



 Email: kelly.padgett@diageo.com
 Phone:	202-715-1110 
 Fax:202-715-1114

Tape Recording

The teleconference will be available on instant replay from 5 p.m. (GMT) and will be available until 19th September. The number to call is:



 From UK/Europe : +44 (0) 208 288 4459  Access code: 175552
 Freephone (UK only)    0500 637 880    Access code:  175552
 USA/Canada :          +1 703 736 7336  Access code:  175552

Diageo Investor Relations Investor.relations@diageo.com