Notification of Major Interests in Shares

GUINNESS PEAT GROUP PLC

("GPG" or the "Company")

NOTIFICATION OF MAJOR INTERESTS IN SHARES

GPG announces that it has been informed by Deutsche Bank AG ("Deutsche") that on 29 August 2013 Deutsche's holding in GPG reduced to below 3% of the Company's issued share capital and consequent total voting rights.

Chris Healy

Company Secretary

Guinness Peat Group plc

Tel: +44 20 7484 3370

3 September 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