Director/PDMR Shareholding

Guinness Peat Group PLC
18 April 2006

                                  SCHEDULE 11

          NOTIFICATION OF INTERESTS OF DIRECTORS AND CONNECTED PERSONS



1. Name of company


Guinness Peat Group plc



2. Name of director


Anthony Ian Gibbs



3. Please state whether notification indicates that it is in respect of holding
of the shareholder named in 2 above or in respect of a non-beneficial interest
or in the case of an individual holder if it is a holding of that person's
spouse or children under the age of 18 or in respect of a non-beneficial
interest


Director: Beneficial



4. Name of the registered holder(s) and, if more than one holder, the number of
shares held by each of them (if notified)


Own name on the New Zealand Register



5. Please state whether notification relates to a person(s) connected with the
director named in 2 above and identify the connected person(s)


-



6. Please state the nature of the transaction. For PEP transactions please
indicate whether general/single co PEP and if discretionary/non discretionary


Exercise of share options



7. Number of shares / amount of stock acquired


673,654



8. Percentage of issued class


0.07%



9. Number of shares/amount of stock disposed


N/A



10. Percentage of issued class


N/A



11. Class of security


Ordinary shares of 5p each



12. Price per share


27.0923 pence



13. Date of transaction


17 April 2006



14. Date company informed


18 April 2006



15. Total holding following this notification


3,410,863



16. Total percentage holding of issued class following this notification


0.33%



If a director has been granted options by the company please complete the
following boxes.



17. Date of grant


N/A



18. Period during which or date on which exercisable


N/A



19. Total amount paid (if any) for grant of the option


N/A


20. Description of shares or debentures involved: class, number


N/A



21. Exercise price (if fixed at time of grant) or indication that price is to be
fixed at time of exercise


N/A



22. Total number of shares or debentures over which options held following this
notification


N/A



23. Any additional information






24. Name of contact and telephone number for queries


J R Russell 020 7484 3370



25. Name and signature of authorised company official responsible for making
this notification


J R Russell 020 7484 3370



Date of Notification



18 April 2006                      J R Russell 020 7484 3370







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