Notification of Major Interest in Shares

GUINNESS PEAT GROUP plc

("GPG" or "the Company")

ANNOUNCEMENT

Notification of Major Interest in Shares

GPG announces that it has been informed by Onepath New Zealand Ltd (and associated companies) that their interest has increased to 49,558,200 ordinary shares in the Company which equates to 3.05% of the Company's total voting rights. 

Chris Healy

Company Secretary

Guinness Peat Group plc

Tel: +44 20 7484 3370

11 July 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