Holding(s) in Company

GUINNESS PEAT GROUP PLC

("GPG" or the "Company")

NOTIFICATION OF MAJOR INTERESTS IN SHARES

GPG announces that it was informed on 2 April 2013 by Accident Compensation Corporation ("ACC") that on 2 April 2013 ACC's holding in GPG increased to 102,705,436 shares being 7.30% of the Company's total voting rights.

Chris Healy

Company Secretary

Guinness Peat Group plc

Tel: +44 20 7484 3370

2 April 2013

Enquiry details are:

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

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