Major Interest in Shares

Guinness Peat Group PLC
07 May 2008

                            Guinness Peat Group plc



                    Notification of Major Interest in Shares



Guinness Peat Group plc ("the Company") announces that it has been informed by
Franklin Resources Inc. ("Franklin") that, due to "a change in management
relationships", Franklin no longer has a notifiable interest in the ordinary
shares and consequent voting rights in the Company.











Richard Russell

Company Secretary

Guinness Peat Group plc

Tel: [phone]





7 May 2008


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