SAR - Coats PLC

Guinness Peat Group PLC
26 June 2002


Disclosure of Interest in Shares Pursuant to Rule 3 of 
The Rules Governing Substantial Acquisition of Shares

Guinness Peat Group plc and its subsidiary companies ('the Group') hereby 
notify Coats plc ('Coats') that on 25 June 2002 it acquired 8,000,000 Coats
Ordinary 20p shares ('Shares') following which the Group's interest in the 
Shares of Coats now amounts to 165,032,728 representing 23.3% of the issued 
share capital.

No member of the Group is party to any agreement or arrangement relating to 
the exercise of any rights conferred by holding the Shares subject to this 
notification.

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

SADILFSFRVIRFIF