Small share Holdings

Guinness Peat Group PLC
25 July 2003

For immediate release


                    ANNOUNCEMENT BY GUINNESS PEAT GROUP PLC

A letter to shareholders dated 25 July 2003 outlining a cost free special
dealing service for small holdings of shares is available for viewing at the UK
Listing Authority's document viewing department (telephone: [phone]).


Richard Russell
Company Secretary



25 July 2003


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