Press releases: 2004

On 23 June 2004, General Mills filed a registration statement with the U.S. Securities and Exchange Commission (the 'SEC') that included 49,907,680 shares of General Mills owned by Diageo.

As General Mills has announced today, General Mills has informed Diageo that on 20 September 2004 the registration statement was declared effective by the SEC.

Diageo remains committed to selling its stake in General Mills subject to market conditions.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of, any securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.

Investor enquiries:

Catherine James
+44 (0) 20 7927 5272

Media enquiries:

Kathryn Partridge
+44 (0) 20 7927 5225

Notes to editor:
Diageo is the world's leading premium drinks business. With its global vision, and local marketing focus, Diageo brings to consumers an outstanding collection of beverage alcohol brands across the spirits, wine and beer categories including Smirnoff, Guinness, Johnnie Walker, Baileys, JåB, Jose Cuervo, Captain Morgan and Tanqueray, and Beaulieu Vineyard and Sterling Vineyards wines. Diageo trades in some 180 countries around the world and is listed on both the New York Stock Exchange (DEO) and the London Stock Exchange (DGE). For more information about Diageo, its people, brands and performance, visit us at www.diageo.com