RNS Number : 8053Y
Guinness Peat Group PLC
07 March 2012







("GPG" or "the Company")





BayWa AG full takeover offer for Turners & Growers unconditional






BayWa Aktiengesellschaft has advised Turners & Growers (T&G) and GPG that its takeover offer is now unconditional.


Rob Campbell, Chairman of GPG, commented that "all T&G shareholders have had the ability to participate in a fair offer and that the new majority owner will provide a strong base for the business going forward."






Chris Healy

Company Secretary

Guinness Peat Group plc

Tel: +44 20 7484 3370



7 March 2012










Rob Campbell             Chairman                                   +64 21 0201 9192


Anthony Eisen           Chief Investment Officer              +61 (2) 8298 4314





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