| Diageo Capital plc $1,000,000,000 Diageo Notes | Filed under Rule 424 (b)(2), Registration Statement No. 333-14100 Pricing SupplementNo. 20datedDecember 9th, 2002 (To prospectus dated November 30, 2001, and prospectus supplement dated March 22, 2002) |
| Cusip | Aggregate | Price to | Purchasing | Net Proceeds | Interest Rate | Interest Payment | Stated Maturity | Survivor's | ||||||||||||||||||||||||
| Number | Principal Amount | Public(1) | Agent's Discount(1) | to Issuer | Per Annum | Dates | Date | Option | ||||||||||||||||||||||||
| 25243FAY6 | $5,000,000 | 100 | 1.300% | $ | 4,935,000 | 5.20% | Each June 15 and December 15 | December 12, 2012 | YES | |||||||||||||||||||||||
Redemption Information: Redeemable at the option of Diageo Capital on June 15, 2004 and each Interest Payment Date thereafter, at a redemption price equal to 100%.
 8 Henrietta Place London, W1G 0NB | Trade Date:9 December 2002 Issue Date:12 December 2002 Original Issue Discount: No Minimum Denominations/Increments: $1,000/$1,000 All trades settle without accrued interest and clear SDFS: DTC Book-Entry only DTC Participant Number: 5132 | Merrill Lynch & Co. Purchasing Agent Acting as Principal | ||
| In the event of various tax law changes and other limited circumstances that require us to pay additional amounts as more fully described in the accompanying prospectus and prospectus supplement, we may redeem the notes prior to their stated maturity date. | ||||
| (1) Expressed as a percentage of the aggregate principal amount. |