GPG
17/05/2010
ALLOT

REL: 1133 HRS Guinness Peat Group Plc

ALLOT: GPG: SCRIP DIVIDEND ALTERNATIVE

Guinness Peat Group plc ("GPG") announces that on Friday 14 May 2010 it
allotted 29,115,428 Ordinary shares of 5p each ("Shares") in respect of its
Scrip Dividend Alternative to shareholders on the UK, Australian and New
Zealand share registers. Following this allotment, GPG's issued Shares and
consequent voting rights total 1,652,530,086.

GPG has applied for admission of the Shares to the Official List of the UK
Listing Authority ("UKLA") and for admission to trading on the London Stock
Exchange's ("LSE") main market for listed securities. Application has also
been made for quotation of the shares on the Australian Securities Exchange
("ASX") in CDI form. The Shares will be automatically tradable on the New
Zealand Stock Market ("NZSX") as from issue.

It is expected that listing of the Shares by the UKLA and admission to
trading on the LSE will take place on 17 May 2010. Trading on the ASX and
NZSX is also expected to commence on 17 May 2010.

Chris Healy
Company Secretary
Guinness Peat Group plc
Tel: +44 20 7484 3370

14 May 2010
End CA:00194964 For:GPG Type:ALLOT Time:2010-05-17:11:33:35