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 Orbis Holdings Limited (as parent) and Allan Gray Australia Pty Ltd (as investment manager and controlled undertaking) that on 26 September 2013 their notifiable interest in the shares of GPG increased to 56,422,124 shares being 4.01% of GPG's total voting rights.

Chris Healy

Company Secretary

Guinness Peat Group plc

Tel: +44 20 7484 3370

27 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