Change of Director's Interests

GUINNESS PEAT GROUP PLC

("GPG" or the "Company")

Change of Director's Interests

GPG announces that Sir Ron Brierley sold 500,000,000 shares in GPG on 8 November 2012 at a price of A$0.46.

Sir Ron Brierley now holds a total of 41,882,765 shares in GPG representing 2.58% of the Company's total voting rights.

Chris Healy

Company Secretary

Guinness Peat Group plc

Tel: +44 20 7484 3370

9 November 2012

Enquiry details are:

New Zealand and Australian media: Geoff Senescall on: +64 9 309 5659

UK media: Kevin Smith on: +44 20 7282 1054