Corporate Action

Guinness Peat Group PLC
23 April 2002

CAPITALISATION ISSUE
SECURITY TITLE
*Ord Shs
MNEMONIC CODE        *GPG
SEDOL CODE           *271-334
TERMS                *1 New Ordinary Share of GBP0.10 for every 10 Ordinary Shares held
DEALINGS COMMENCE NEW SHARES *21-05-02
PROVISIONAL EX DATE  *21-05-02
RECORD DATE          *17-05-02
NOTES *






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