Diageo at a glance . . .

   Diageo is the world's leading premium drinks
business with an outstanding collection of alcohol and
non-alcoholic beverage brands.
    Brands include:
            * Smirnoff
            * Johnnie Walker scotch
            * Captain Morgan rum
            * Bailey's Irish Creme
            * J&B scotch
            * Jose Cuervo tequila
            * Tanqueray gin
            * Guinness stout
            * Crown Royal whiskey
            * Beaulieu Vineyard wines
            * Sterling Vineyards wines
            * Bushmils Irish whiskey

    Diageo is a global company, trading in over 180
markets around the world.  The company is listed on
both the New York Stock Exchange (DEO and the
London Stock Exchange (DGE).

     Manufacturing facilities are across the globe
including Great Britain, Ireland, US, Canda, Spain,
Italy, Africa, Latin America, Australia, India and the
Caribbean.                       
             Company Highlights
Diageo PLC ADR   (N-DEO)

Recent price:  55.10
P/E  16.0
Div Yld  5.2%

8 Henrietta Place
London W1G 0NB
Portugal Telecom SGPS S A ADR

Recent Price $8.50
P/E  12.5
Div Yld  10.5%

40 Av. Fontes Pereira de Melo
Lisboa Codex 1069-300
Portugal Telecom SGPS S A Sponsored ADR

Major provider of telecommunications services in
Portugal, Brazil and certain countries in Africa.  Provides
wire line services and Internet access for residential and
nonresidential customers as well as mobile
telecommunications services and television services.
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