Year End Timetable

Guinness Peat Group PLC
5 April 2001

                     GUINNESS PEAT GROUP plc
                    ('GPG') or 'the Company')
                                
                PROPOSED YEAR END TIMETABLE 2001
                                
In  order  to accommodate the different market practices  of  the
London  Stock Exchange ('LSE'), Australian Stock Exchange ('ASX')
and  New Zealand Stock Exchange ('NZSE'), being those markets  on
which GPG's shares are quoted, the Company announces that payment
of  the  dividend  is proposed to be made on 14  May  2001.   The
consequent  proposed timetable for the dividend,  Scrip  Dividend
Alternative  and Capitalisation Issue, details of which  will  be
contained in a Circular to shareholders to be posted on 18  April
2001, is as follows*:

Preliminary announcement of results, dividend and       23.03.01
Scrip Dividend Alternative and Capitalisation Issue

Shares marked ex-dividend (ASX)                         02.04.01

Shares marked ex-dividend (LSE)                         04.04.01
Record date for dividend                                06.04.01
Head securities quoted ex-dividend (NZSE)               09.04.01
Post out Circular with GPG's Report and Accounts,       18.04.01
Summary Financial Statement and Forms of Election
for the scrip dividend

Final date for receipt of AGM proxies (48 hours in      09.05.01
advance of the AGM)
Final date for receipt of scrip dividend elections      09.05.01
AGM (11.00 am UK time)                                  11.05.01
Allotment of Scrip Shares (5.00pm UK time)              11.05.01
Payment of cash dividend **                             14.05.01
Update of UK CREST accounts (5.00 am UK time)           14.05.01
Dealings commence in scrip dividend shares              14.05.01
Dispatch of FASTER mailings notifying NZ holders of     14.05.01
the change in holdings following the scrip dividend
allotment
Dispatch of scrip dividend share certificates           14.05.01
Shares marked ex-capitalisation on ASX and traded       15.05.01
on deferred settlement basis

Shares marked ex-capitalisation in UK                   16.05.01
Record date for Capitalisation Issue (UK and NZ)        18.05.01
Record date for Capitalisation Issue (Australia)        19.05.01
Allotment of Capitalisation Shares (5.00 pm UK          21.05.01
time)
Head shares marked ex-capitalisation in NZ              22.05.01
Update of UK CREST accounts (5.00 am UK time)           22.05.01

Last day of deferred settlement trading on ASX          22.05.01
Post out Capitalisation Issue Certificates              22.05.01
(Australia)
Dealings commence in Capitalisation Shares on  LSE      22.05.01
and NZSE
Post out Capitalisation Shares Certificates (UK)        22.05.01

Dealings commence in Capitalisation Shares (ASX)        23.05.01
Dispatch of FASTER mailings in NZ notifying NZ          23.05.01
holders of change in holdings following                         
Capitalisation Issue



Notes:

*Actions take place on all three exchanges on the date specified
unless otherwise indicated.

** The cash payment will be made to Shareholders on the
Australian and New Zealand share registers in Australian and New
Zealand dollars respectively, calculated at the rates of exchange
ruling at 4.30 pm (UK time) on 8 May 2001.  Shareholders on all 3
registers will have the opportunity to elect for one of the other
two currencies, and a circular containing further information and
a currency election form will be circulated with the Annual
Report

To ensure the integrity of the registers over record dates and
'ex' dates the 3 registers will be closed for transmissions
between the registers at certain times.


Enquiries:   Richard Russell, Company Secretary  020 7236 0336