Result of AGM

Young & Co's Brewery PLC
18 July 2000

                                  
                 GUINNESS PEAT RESOLUTIONS REJECTED

At the Annual General Meeting of Young & Co's Brewery PLC held
earlier today, the four resolutions proposed by 10% shareholder,
Guinness Peat Group, were overwhelmingly rejected, in each case on  a
show of hands.

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


Resol-                For                              Against            
ution
       A Shares  B Shares   Total    %   A Shares  B Shares    Total    %
                 
  10   1,388,642     -    1,388,642  23  365,065  4,299,075  4,664,140  77
       
  11     834,849     -      834,849  15  451,750  4,299,075  4,750,825  85
       
  12   1,402,506     -    1,402,506  23  351,201  4,299,075  4,650,276  77
       
  13   1,402,194     -    1,402,194  23  351,513  4,299,075  4,650,588  77
       

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

'This is now the third year running that shareholders have resoundingly 
rejected Guinness Peat's proposals to alter our share structure. 
I hope that this time Guinness Peat will accept the outcome of this 
vote. Once again the Board has been given a clear mandate from 
shareholders to continue the implementation of its strategy and I 
look forward to announcing further progress in the months ahead.'

For further information:

Christopher Sandland, Company Secretary     020 8875 7000
Young & Co's Brewery, P.L.C.

James Longfield/John Olsen                  020 7357 9477
Hogarth Partnership