Director/PDMR Shareholding

GUINNESS PEAT GROUP PLC

Proxy votes at the forthcoming AGM

Guinness Peat Group plc ("the Company") announces, pursuant to regulation 5.8.4 of the UK's Disclosure and Transparency Regulations, that discretionary proxies in respect of between 111,233,275 and 122,742,873 ordinary shares of 5p each ("Shares") and consequent voting rights (i.e. between 6.85% and 7.56% of the total) have been granted to Sir Ron Brierley (as Chairman of the meeting) for the Company's Annual General Meeting to be held on 7 May 2010 ("AGM"). The number varies from resolution to resolution to be considered at the AGM.

Sir Ron Brierley also holds 51,120,195 Shares (representing 3.15% of the total voting rights) in his own name.

All the voting rights relating to these proxies revert to the relevant shareholders at the conclusion of the AGM.

Chris Healy

Company Secretary

Guinness Peat Group plc

Tel: +44 20 7484 3370

6 May 2010