Rule 8.3- Freeport PLC

Guinness Peat Group PLC 20 November 2006 To: RNS The following is the text of a Disclosure sent on 20 November 2006 to the Company Secretary of Freeport plc. "Disclosure of Interest in Shares pursuant to Rule 8.3 of the City Code on Takeovers and Mergers. Guinness Peat Group plc and its subsidiary companies ("the Group") hereby notify Freeport plc ("Freeport") that, following the market acquisition of 4,479,611 Ordinary shares of Freeport ("Shares") on 17 November 2006 at prices between £4.08 and £4.10, the Group's interest now amounts to 5,983,875 Shares representing 15.8% of the issued share capital of Freeport. The Group has an interest by virtue of being a Rule 8.3 shareholder of Freeport. No member of the Group is party to any agreement or arrangement relating to the exercise of any rights conferred by holding the Shares subject to this notification" Richard Russell Company Secretary Guinness Peat Group PLC This information is provided by RNS The company news service from the London Stock Exchange

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