Holding(s) in Company

GUINNESS PEAT GROUP plc

("GPG" or the "Company")

NOTIFICATION OF MAJOR INTERESTS IN SHARES

GPG announces that it has been informed by AMP Capital Investors (New Zealand) Ltd ("AMP") that on 5 May 2014 AMP's holding in GPG reduced to 67,933,455 shares being 4.827% of the Company's total voting rights.

Chris Healy

Company Secretary

Guinness Peat Group plc

Tel: +44 20 7663 3992

7 May 2014

Enquiry details are:

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

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

Charles Ryland on: +44 20 7466 5000