Corporate Action

Guinness Peat Group PLC
13 June 2000

CAPITALISATION ISSUE
SECURITY TITLE
*Ord Shs
MNEMONIC CODE        *GPG
SEDOL CODE           *271-334
TERMS                *1 new ord shs for every 10 ord shs held
DEALINGS COMMENCE NEW SHARES *Awaiting confirmation
PROVISIONAL EX DATE  *Subject to dealings commencing
RECORD DATE          *Awaiting confirmation
NOTES *This replaces the previous capitalisation announcement (RNS No.6546I)
released 06/04/00 at 14:37.