Holding(s) in Company

Guinness Peat Group PLC 17 March 2008 Newbury Racecourse plc The following is the text of a letter which is being sent today by Guinness Peat Group plc ("GPG") to Newbury Racecourse plc ("Newbury") in connection with GPG's purchase of shares in Newbury. "Disclosure of Interest in Shares pursuant to DTR Rule 5.3 Guinness Peat Group plc and its subsidiary companies ("the Group") hereby notify Newbury Racecourse plc ("Newbury") that, following on-market acquisitions of Ordinary shares of Newbury ("Shares"), the Group's direct interest now amounts to 883,221 Shares representing 29.01% of the issued share capital of Newbury. So far as the Group is aware, no person interested in the Shares is party to any agreement or arrangement relating to the exercise of any rights conferred by holding the Shares the subject of this notification." Richard Russell Company Secretary Guinness Peat Group plc Tel: (0) 20 7484 3370 17 March 2008 This information is provided by RNS The company news service from the London Stock Exchange

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