RNS Number:2553J
Guinness Peat Group PLC
26 March 2003

DEALINGS BY SUBSTANTIAL SHAREHOLDERS


1)  NAME OF COMPANY

    GUINNESS PEAT GROUP PLC

2)  NAME OF DIRECTOR

    GJ CURETON

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 or in respect of an non-beneficial interest

    THE DIRECTOR

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

    BUDUVA PTY LTD AS TRUSTEE FOR THE BASKERVILLE SUPERANNUATION FUND
    HELD ON AUSTRALIAN BRANCH REGISTER

5)  Please state whether notification relates to a person(s) connected
    with the Director named in 2 above and identify the connected person(s)



6)  Please state the nature of the transaction. For PEP transactions
    please indicate whether general/single co PEP and if discretionary/non
    discretionary

     ON MARKET PURCHASE

7)  Number of shares/amount of
    stock acquired

    23200

8)   ( %)
    of issued Class

   INSIGNIFICANT

9)  Number of shares/amount
    of stock disposed



10)  ( N/A %)
    of issued Class



11) Class of security

    ORD 5 PENCE

12) Price per share

    A$1.40

13) Date of transaction

    24 AND 25 MARCH 2003

14) Date company informed

    25-MAR-03

15) Total holding following this notification

    135400

16) Total percentage holding of issued class following this notification

    INSIGNIFICANT

     IF A DIRECTOR HAS BEEN GRANTED OPTIONS BY THE COMPANY PLEASE
                    COMPLETE THE FOLLOWING BOXES

17) Date of grant



18) Period during which or date on which exercisable



19) Total amount paid (if any) for grant of the option



20) Description of shares or debentures involved: class, number.



21) Exercise price (if fixed at time of grant) or indication that price
    is to be fixed at time of exercise



22) Total number of shares or debentures over which options held
    following this notification



23) Any additional information



24) Name of contact and telephone number for queries

    RICHARD RUSSELL: 0207 4843370

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

    Date of Notification         26-MAR-03                        






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