Issue of Equity

Guinness Peat Group PLC 13 May 2005 GUINNESS PEAT GROUP plc COMPANY ANNOUNCEMENT SCRIP DIVIDEND ALTERNATIVE Guinness Peat Group plc ("GPG") announces that on Friday 13 May 2005 it allotted 5,750,773 Ordinary shares of 5p each in respect of its Scrip Dividend Alternative to shareholders on the UK, Australian and New Zealand share registers. Richard Russell Company Secretary 13 May 2005 This information is provided by RNS The company news service from the London Stock Exchange

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