SAR - Ryland Group PLC

Guinness Peat Group PLC 27 September 2001 In accordance with the Rules Governing Substantial Acquisition of Shares, the following is the text of a Disclosure sent today to the Company Secretary of Quicks Group plc. 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 Ryland Group plc ('Ryland') that following the market purchase of 1,600,000 Ordinary 10p shares ('shares') on 26 September 2001 the Group's interest in the Shares of Ryland now amount to 4,699,405 representing 15.86% 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.'

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