Result of AGM

YOUNG AND COMPANIES BREWERY PLC
20 July 1999


                   YOUNG & CO.'S BREWERY, P.L.C.
                                 
                GUINNESS PEAT RESOLUTIONS REJECTED

At  the  Annual General Meeting of Young & Co's Brewery  PLC  held
earlier today, the three resolutions proposed by 7.5% shareholder,
Guinness  Peat Group, were rejected, in each case  on  a  show  of
hands.

Commenting on the result, John Young, Chairman of Young & Co said:

'For  the  second  year running, shareholders have  overwhelmingly
rejected proposals from Guinness Peat to alter the share structure
of  the  company.  We very much hope that Guinness Peat  will  now
accept  the  outcome of this vote.  The Board has a clear  mandate
from  shareholders to continue the implementation of its  strategy
and  I  look forward to announcing further progress in the  months
ahead, which will be of benefit to all shareholders.'

Set  out  below  is  an analysis of the totals  announced  to  the
meeting  of the voting proxies received by the company in  respect
of Guinness Peat's Resolutions.


Resolution       For                          Against                
              A      B      Total   %       A         B        Total     %
           Shares  Shares                Shares     Shares
    7     947,190    -     947,190  17   336,722  4,332,390  4,669,112   83
    8     958,827    -     958,827  17   325,190  4,332,390  4,657,580   83
    9     959,517    -     959,517  17   324,500  4,332,390  4,656,890   83


                                 
For further information:

Christopher Sandland, Company Secretary
Young & Co's Brewery                    0181 875 7000

James Longfield/John Olsen
Hogarth Partnership                     0171 357 9477