GPG
03/01/2013 08:51
GENERAL

REL: 0851 HRS Guinness Peat Group Plc

GENERAL: GPG: Close Period Share Repurchase Programme

Guinness Peat Group plc
("GPG" or the "Company")

Close period share repurchase programme

Guinness Peat Group plc announces that, further to its previous announcements
of 3 September 2012 and 25 October 2012 in relation to its up to ?70 million
share buyback programme currently being effected by Macquarie Capital
(Europe) Limited (Macquarie) in conjunction with other Macquarie affiliates
acting as Macquarie's agent (including Macquarie Securities (New Zealand)
Limited), the Company has entered into a supplementary irrevocable and
non-discretionary agreement with Macquarie to purchase, within certain
pre-set parameters and in reliance on the exemption to the general rule set
out in UKLA Listing Rule 12.2.1 (2), ordinary shares in the Company for
cancellation during the Company's close period commencing on 1 January 2013
and ending on the date the Company releases it preliminary announcement of
its annual results for the period to 31 December 2012, currently scheduled
for 27 February 2013 (the "Close Period").
During the Close Period Macquarie will make its trading decisions in relation
to the Company's ordinary shares independently of, and uninfluenced by, the
Company.
During the Close Period, for regulatory reasons, Macquarie and its agents
will not be able to purchase shares in Australia or on the Australian
Securities Exchange.
Following the Close Period the share buyback programme is anticipated to
continue on its previously announced terms.
Any purchases will be effected in accordance with both the Company's general
authority to repurchase shares and Chapter 12 of the UKLA Listing Rules.

Chris Healy
Company Secretary
Guinness Peat Group plc
Tel: +44 20 7484 3370

31 December 2012

Enquiry details are:
New Zealand and Australian media: Geoff Senescall +64 9 309 5659
UK media: Kevin Smith on: +44 20 7282
1054
End CA:00231754 For:GPG Type:GENERAL Time:2013-01-03 08:51:31
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