Entitlement & Capitalisation

Guinness Peat Group PLC
6 April 2000

ENTITLEMENT TO CONVERT INTO CONV UNS LN NTS
SECURITY TITLE
*Ord Shs
MNEMONIC CODE           *GPG
SEDOL CODE              *271-334
TERMS                   *Opportunity to exchange Ord Shs for Uns Conv Ln Nts
PROVISIONAL EX DATE     *18-04-00
RECORD DATE             *11-04-00
DEALING COMMENCE NEW SHARES *06-06-00
NOTES *

CAPITALISATION ISSUE
SECURITY TITLE
*Ord Shs
MNEMONIC CODE        *GPG
SEDOL CODE           *271-334
TERMS                *1 new ord shr for every 10 Ord Shr held
DEALINGS COMMENCE NEW SHARES *13-06-00
PROVISIONAL EX DATE  *13-06-00
RECORD DATE          *09-06-00
NOTES *