Result of EGM

Guinness Peat Group PLC
31 August 2006


                            GUINNESS PEAT GROUP PLC

                                  ANNOUNCEMENT

Results of Shareholder Meeting


Guinness Peat Group plc announces that at its Extraordinary General Meeting held
in London on 31 August 2006, all of the resolutions put to the meeting were duly
passed.


Valid proxy appointments and associated voting instructions appointing the
Chairman of the meeting were as follows:


Resolution    Brief Description                                           For             Against

           1. To increase the authorised share capital                        371,079,633       581,247

           2. To authorise the directors to allot shares and to disapply      370,598,161       965,090
              statutory pre-emption rights in relation to the capital
              note offer.

           3. For the purposes of the ASX Listing Rules, to approve the       370,481,688       714,078
              issue of shares on 12 April 2006.


Notes to the disclosures:


1.  Any Proxy appointments which gave discretion to the Chairman have been 
    included in the "For" total.


2.  Votes withheld did not exceed 240,000 on any resolution.


J R Russell

Company Secretary

31 August 2006


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