Citi Appointed Successor Depositary for Diageo’s ADR Programme

  Citi Appointed Successor Depositary for Diageo’s ADR Programme

Business Wire

LONDON -- February 15, 2013

Citi today announced that its Citi Transaction Services business, acting
through Citibank N.A., has been appointed by Diageo plc (“Diageo”), the
world’s leading premium drinks business, as the successor depositary bank for
its American Depositary Receipt (ADR) programme. Diageo’s ADRs trade on the
New York Stock Exchange under the symbol “DEO”, with each ADR representing
four ordinary shares. Diageo’s ordinary shares are listed on the London Stock

Catherine James, Head of Investor Relations, commented “Diageo performs
regular reviews of its service providers and we believe that Citi is best
positioned to help us achieve our future goals for our ADR programme. We are
looking forward to working closely with Citi to develop a strong working
relationship, which I believe will benefit both Diageo and its ADR holders."

“We are delighted to be appointed successor depositary bank by a leading
company such as Diageo,” Dirk Jones, Global Head of Securities and Fund
Services Client Sales Management at Citi, said. “Citi’s investor relations
expertise and unparalleled global distribution network will deliver the
resources required to enable the success of Diageo’s ADR programme.”

Citi Transaction Services, a division of Citi’s Institutional Clients Group,
offers integrated cash management, trade, and securities and fund services to
multinational corporations, financial institutions and public sector
organizations around the world. With a network that spans more than 95
countries, Citi’s Transaction Services supports over 65,000 clients. As of the
fourth quarter of 2012, it held on average $428 billion in liability balances
and $13.2 trillion in assets under custody.

For more information on Citi’s Depositary Receipt Services, visit


About Diageo

Diageo is the world's leading premium drinks business. Diageo brings consumers
a wide collection of beverage alcohol brands across the spirits, wine and beer
categories, including Smirnoff, Guinness, Johnnie Walker, Baileys, J&B, Jose
Cuervo, Captain Morgan and Tanqueray, as well as Beaulieu Vineyard and
Sterling Vineyards wines. Diageo trades in over 180 countries and is listed on
both the New York Stock Exchange (DEO) and the London Stock Exchange (DGE).
For more information about Diageo, visit

About Citi

Citi, the leading global financial services company, has approximately 200
million customer accounts and does business in more than 160 countries and
jurisdictions. Citi provides consumers, corporations, governments and
institutions with a broad range of financial products and services, including
consumer banking and credit, corporate and investment banking, securities
brokerage, transaction services, and wealth management. Additional information
may be found at | Twitter: @Citi | YouTube: | Blog: | Facebook: | LinkedIn:


Citi Media Contacts:
Amy Cayzer
+44 (0) 20 7508 3082
Diageo Media Contacts:
Jessica Rouleau
Victoria Ward
+44 (0) 20 8978 4764
+44 (0) 20 8978 4353
Diageo Investor Enquiries:
Agnes Bota
Sarah Paul
+36 1 580 1022
+44 (0) 20 8978 4326
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