Director Shareholding

Guinness Peat Group PLC
22 May 2002

 

                            GUINNESS PEAT GROUP plc 
                       
                           DIRECTORS' SHARE INTERESTS 


Following the announcement on 21 May 2002 regarding Directors' Interests arising
from the allotment of shares on 13 May 2002 under the Company's Scrip Dividend
Alternative allotted at a rate of 1 new share for every 50 elected and also the
Capitalisation Issue 2002 allotted on 20 May 2002, at a rate of 1 new share for
every 10 already held, Guinness Peat Group plc ('GPG') announces a correction to
Dr Weiss's holding. The following are now the interests of directors in the
capital of GPG:



                      Ordinary Shares of 10p each         Convertible Loan Notes 


Sir Ron Brierley            23,905,935                             1,966,789 

T J N Beyer                    667,747                             1,000,000 

G J Cureton                    112,200                                    -

A I Gibbs                      207,947                               688,846 

B A Nixon                    3,824,277                                   675 

Dr G H Weiss                 3,864,701                                     -


Richard Russell 
Company Secretary 


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