Notification of Major Interests in Shares

GUINNESS PEAT GROUP PLC

("GPG" or the "Company")

NOTIFICATION OF MAJOR INTERESTS IN SHARES

GPG announces that it was informed on 1 February 2013 by AMP Capital Investors (New Zealand) Ltd ("AMP") that on 31 January 2013 AMP's holding in GPG increased to 95,930,967 shares being 6.25% of the Company's total voting rights.

Chris Healy

Company Secretary

Guinness Peat Group plc

Tel: +44 20 7484 3370

1 February 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