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CASTLE MALTING NEWS in partnership with www.e-malt.com
26 February, 2005



News from e-malt

United Kingdom: Diageo plc announced on February 24 the appointment of Goldman Sachs and Credit Suisse First Boston as the company's corporate brokers from 1 March 2005.

Merrill Lynch and Cazenove have during the last six years, in their role as broker to Diageo, provided a very high level of commitment and professional skill to the company during a period of significant strategic change. Diageo is now focused on premium drinks and the Board believes that at this time the company will benefit from the fresh perspectives a new group of advisors will bring.

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, J&B, Cuervo, Captain Morgan and Tanqueray, and Beaulieu Vineyard and Sterling Vineyards wines. Diageo trades in some 180 markets around the world and is listed on both the New York Stock Exchange (DEO) and the London Stock Exchange (DGE).





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