RNS Number : 0889O
Guinness Peat Group PLC
12 September 2011







("GPG" or "the Company")









In the Announcement made by GPG on 26 August 2011 reference was made, amongst other things, to the setting of the ratio for the Scrip Dividend Alternative in lieu of the cash dividend of 1.15p per share which the directors intend to pay on 25 October 2011.


The Board of GPG now confirms that eligible shareholders will have the opportunity to elect to receive a scrip dividend of 1 new ordinary share for every 29 ordinary shares they held on the dividend record date, being 9 September 2011.


A circular setting out further details of the Scrip Dividend Alternative, together with the appropriate Forms of Election, will be posted by 23 September 2011.



Enquiry details are:


New Zealand and Australian media:      Geoff Senescall on:        +64 9 309 5659

UK media:                                        Kevin Smith on:             +44 20 7282 1054








Chris Healy

Company Secretary

Guinness Peat Group plc

Tel: +44 20 7484 3370



12 September 2011

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