Holding(s) in Company

GUINNESS PEAT GROUP PLC

("GPG" or the "Company")

NOTIFICATION OF MAJOR INTERESTS IN SHARES

GPG announces it has been informed by Tan Chin Tuan Pte Ltd that on 20 August 2012 its interest in the voting rights of the Company reduced to nil following the disposal of its entire holding of 87,803,327 shares in the Company.

Chris Healy

Company Secretary

Guinness Peat Group plc

Tel: +44 20 7484 3370

22 August 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