Rule 8.1- Newbury Racecourses

Guinness Peat Group PLC
01 February 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 Rule 8.1 of the Takeover Code 
("the Code") 

Guinness Peat Group plc and its subsidiary companies ("the Group") hereby notify 
Newbury Racecourse plc ("Newbury") that, following the on-market acquisitions on
31 January 2008 of 5,000 Ordinary shares of Newbury ("Shares") at £11.50 per 
Share, and 5,500 Shares at £11.50 the Group's direct interest now amounts to 
797,972 Shares representing 26.21% of the issued share capital of Newbury.

The Group has no interest in options or derivatives in the shares of Newbury. 
Therefore, following the above transactions, in accordance with its disclosure 
obligations under Rule 8.1 of the Code, the Group has a long interest in 
relevant securities (as defined in the Code) in aggregate totalling 26.21% of 
the issued shares of Newbury.

The Group has an interest by virtue of being a Rule 8.1 shareholder of Newbury. 
No member of the Group 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: [phone]
1 February 2008



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