Notification of Major Interests in Shares

GUINNESS PEAT GROUP PLC

("GPG" or the "Company")

NOTIFICATION OF MAJOR INTERESTS IN SHARES

GPG announces it has been notified by Soros Fund Management LLC ("Soros") that the investment in GPG made by Soros on behalf of Quantum Strategic Partners Ltd, being 133,201,970 shares in GPG, now equates to 9.01% of the Company's total voting rights.

Chris Healy

Company Secretary

Guinness Peat Group plc

Tel: +44 20 7484 3370

11 March 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