Additional Listing

Guinness Peat Group PLC 22 May 2001 Guinness Peat Group plc Application has been made to the London Stock Exchange and the UK Listing Authority for a listing of 536,125 shares of 10p each of Guinness Peat Group plc. The application is in regards to additional shares required for the scrip dividend alternative, for the final dividend, year ending 30 June 2001. The shares will rank pari passu in all respects with the existing issued share capital of the company. Copies of this announcement will be available for fourteen days following the date of this announcement from the offices of Credit Suisse First Boston de Zoete & Bevan Limited, One Cabot Square, London E14 4QJ.

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