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PRESS RELEASE
1 Jul 2010
Diageo announces 10 year funding arrangements for UK Diageo Pension Scheme
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Diageo has today announced that agreement has been reached with the Trustee of the UK Diageo Pension Scheme (the UK Scheme) on a 10 year funding plan. At the time of the triennial actuarial valuation at 1 April 2009 the deficit of the UK Scheme was £862 million. This triggered a requirement to put in place the 10 year funding plan which has been announced today.
To downlod the full press release please click the link above.
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