15th May 2007 15:25
Guinness Peat Group PLC15 May 2007 The following is the text of a letter which is being sent today by Guinness PeatGroup plc ("GPG") to Freeport plc ("Freeport") in connection with GPG's purchaseof shares in Freeport. Disclosure of interest in shares pursuant to Rule 8.3 of the Takeover Code(the "Code") Guinness Peat Group plc and its subsidiary companies ("the Group") hereby notifyFreeport plc ("Freeport") that following the market acquisition of 125,000Ordinary shares of 33.33p each ("Shares") on 14 May 2007 at a price of £3.75 perShare, 200,000 Shares on 15 May 2007 at a price of £3.75 per Share, and afurther 200,000 Shares on 15 May 2007 at a price of £3.70 per Share, the Group'sdirect interest now amounts to 6,890,781 Shares representing 18.20% of theissued share capital of Freeport. The Group has no interest in options or derivatives in the Shares of Freeport.Therefore, following the above transaction, in accordance with its disclosureobligations under Rule 8.3 of the Code, the Group has a long interest inrelevant securities (as defined in the Code) in an aggregate 18.20% of theissued Shares of Freeport. The Group has an interest by virtue of being a Rule 8.3 shareholder of Freeport. Richard RussellCompany SecretaryGuinness Peat Group plc 15 May 2007 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Coats