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25 FEB 2016

25 FEB 2016 Press release

Disclosure of resignation of Director and Chairman- Dr Vijay Mallya, and related matters, and appointment of Mr M K Sharma as Chairman

Please find enclosed the required disclosure regarding resignation of Dr Vijay Mallya as Chairman and as a Director of the Company with effect from February 25, 2016. The attached disclosure also provides key details of other arrangements with Dr Mallya in this regard.

In light of the said resignation, Mr M K Sharma, currently an independent, non-executive director, and Chairman of the Audit Committee, has been appointed as Chairman with effect from February 25, 2016.

We are giving below the disclosure required to be furnished by the Company under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with item 7 Para A, Part A of Schedule III to the said Regulations read with SEBI’s circular no. CIR/CFD/CMD/4/2015 dated September 9, 2015.

7.1- Reason for Change- Resignation of Dr Vijay Mallya as Chairman and Director. Appointment of Mr M K Sharma, existing independent Director as Chairman.

7.2- Date of appointment and cessation- Resignation of Dr Vijay Mallya wef February 25, 2016 and appointment of Mr M K Sharma as Chairman wef February 25, 2016

7.3- Brief Profile for appointment- No new director is appointed and only existing Director has been appointed as Chairman; hence not applicable

7.4- Disclosure of relationship between directors- Not applicable since there is no appointment of a new Director.

ENDS

About Diageo

Diageo is a global leader in beverage alcohol with an outstanding collection of brands across spirits, beer and wine categories. These brands include Johnnie Walker, Crown Royal, J&B, Buchanan's and Windsor whiskies, Smirnoff, Cîroc and Ketel One vodkas, Captain Morgan, Baileys, Don Julio, Tanqueray and Guinness.

Diageo is a global company, and our products are sold in more than 180 countries around the world. The company is listed on both the London Stock Exchange (DGE) and the New York Stock Exchange (DEO). For more information about Diageo, our people, our brands, and performance, visit us at www.diageo.com. Visit Diageo’s global responsible drinking resource, www.DRINKiQ.com, for information, initiatives, and ways to share best practice.

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