Result of EGM

Guinness Peat Group PLC
7 May 2002



                              GUINNESS PEAT GROUP plc
                              ('GPG' or 'the Company')

GPG announces that at its Extraordinary General meeting held on Friday 3 May
2002 both Resolutions were passed.  The subject matter and number of proxies 
cast were as follows:


Resolution                               For            August     Discretionary

1.   To authorise the Scrip Dividend     62,747,885     57,751        5,826,700
     Alternative 
2.   To capitalise part of the share 
     premium account                     61,482,895    225,280        6,924,161       

                      This information is provided by RNS
            The company news service from the London Stock Exchange

     
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