Rule 8.1- Newbury Racecourse

Guinness Peat Group PLC
29 January 2008



Newbury Racecourse plc 

The following is the text of a letter which is being sent today by Guinness Peat
Group plc ("GPG) to Newbury Racecourse plc ("Newbury") in connection with GPG's
purchase of shares in Newbury.  

"Disclosure of Interest in Shares pursuant to Rule 8.1 of the Takeover Code 
("the Code")

Guinness Peat Group plc and its subsidiary companies ("the Group") hereby notify  
Newbury Racecourse plc ("Newbury") that, following the on-market acquisitions on 
28 January 2008 of 3,350 Ordinary shares of Newbury ("Shares") and a further  
17,000 Shares on 29 January 2008, all at £11.50 per Share, the Group's direct 
interest now amounts to 717,472 Shares representing 23.57% of the issued share 
capital of Newbury. 

The Group has no interest in options or derivatives in the shares of Newbury.
Therefore, following the above transactions, in accordance with its disclosure
obligations under Rule 8.1 of the Code, the Group has a long interest in 
relevant securities (as defined in the Code) in aggregate totalling 23.57% of 
the issued shares of Newbury.  

The Group has an interest by virtue of being a Rule 8.1 shareholder of Newbury.
No member of the Group is party to any agreement or arrangement relating to the
exercise of any rights conferred by holding the Shares the subject of this
notification." 


Richard Russell 
Company Secretary 
Guinness Peat Group plc 
Tel: [phone] 

29 January 2008 




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