Holding(s) in Company

Young & Co's Brewery PLC
23 May 2002



                                  SCHEDULE 10

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES

1) Name of company

Young & Co.'s Brewery, P.L.C.

2) Name of shareholder having a major interest

Guinness Peat Group plc and its subsidary companies

3) Please state whether notification indicates that it is in respect of
holding of the shareholder named in 2 above or in respect of a
non-beneficial interest or in the case of an individual holder if it is a
holding of that person's spouse or children under the age of 18

Shareholder in 2 above

4. Name of the registered holder(s) and, if more than one holder, the number of
   shares held by each of them


Guinness Peat Group plc                                 1

Allied Mutual Insurance Services Limited          240,990

Pershing Keen Nominees                             85,000

Greenwood Nominees                                405,000

Total                                             730,991


5) Number of shares/amount of stock acquired

Nil

6) Percentage of issued class

Nil

7) Number of shares/amount of stock disposed

Nil

8) Percentage of issued class

Nil


9) Class of security

'A' Ordinary shares of 50p each

10) Date of transaction

See 14 below

11) Date company informed

22 May 2002

12) Total holding following this notification

730,991 (unchanged)


13) Total percentage holding of issued class following this notification

23.27%

14) Any additional information

This change arises solely from the increase in the number of Young & Co.'s
Brewery P.L.C. 'A' shares in issue following the conversion of 235,000 'B'
shares to 'A' shares on 28 February 2002. There has been no disposal by Guinness
Peat Group plc whose percentage holding of total voting equity remains
unchanged.

15) Name of contact and telephone number for queries

Chris Sandland 020 8875 7000

16) Name and signature of authorised company official responsible for
making this notification

Matthew J. Woodville



Date of notification 23 May 2002





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