Last checked at 13 May 2008 16:08
GUINNESS PEAT GROUP PLC
ANNOUNCEMENT
Results of Shareholder Meeting
Guinness Peat Group plc ("GPG" or the "Company") announces that at its Annual General Meeting ("AGM") held in London on 13 May 2008, all of the resolutions put to the meeting were duly passed.
Valid proxy appointments and associated voting instructions appointing the Chairman of the meeting or any of the directors were as follows:
| Voting Rights | ||||
| Resolution | Brief Description | For | Against | Withheld |
| 1. | To receive the directors' Report & Accounts. | 378,937,999 | 113,949,938 | 20,173,031 |
| 2. | To receive and approve the directors' remuneration report. | 477,865,997 | 34,159,793 | 771,358 |
| 3. | To re-elect Dr G H Weiss a director. | 456,151,801 | 19,550,312 | 19,079,940 |
| 4. | To re-elect B A Nixon a director. | 456,643,391 | 42,836,286 | 1,839,437 |
| 5. | To appoint Deloitte & Touche LLP as auditor. | 512,511,733 | 58,981 | 490,249 |
| 6. | To authorise the directors to fix the remuneration of the auditor. | 512,536,989 | 39,820 | 221,796 |
| 7. | To adopt new Articles of Association (Special Resolution). | 511,547,571 | 109,258 | 1,141,776 |
| 8. | To authorise the directors to allot securities. | 346,932,252 | 145,362,335 | 20,504,018 |
| 9. | To approve the Capitalisation Issue 2008. | 512,542,841 | 71,292 | 184,472 |
| 10. | To authorise the directors generally to offer scrip dividend alternatives. | 512,807,862 | 68,662 | 184,444 |
| 11. | To disapply statutory pre-emption provisions (Companies Act 1985, s.95) (Special Resolution). | 497,784,407 | 13,460,120 | 1,554,078 |
| 12. | To authorise the Company generally to make market purchases of its own ordinary shares. (Companies Act, s.166) (Special Resolution) | 512,111,127 | 331,956 | 355,521 |
Notes to the disclosures
1. The total number of the Company's shares in issue and consequent voting rights at 13 May 2008 is 1,274,795,176.
2. Any proxy appointments which gave discretion to the Chairman or other directors have been included in the "For" total.
3. Any proxy appointments in respect of a named individual rather than "the Chairman of the meeting" or another director of the Company have been excluded from this disclosure. Had these been included, they would in all cases in aggregate have increased the votes in favour of the resolutions.
Consequent upon the approval of Resolution 9 application is being made to the UK Listing Authority for the listing of up to 122,153,689 Shares in respect of the proposed allotment of shares on 30 May 2008 in respect of the Capitalisation Issue 2008. Application will also be made for the official quotation of these shares on the Australian Stock Exchange, where they will be quoted (and will trade) as CHESS Depository Instruments on completion of allotment procedures. These Shares have been accepted for quotation on the New Zealand Stock Exchange and will be quoted on completion of allotment procedures. Confirmation in respect of this allotment will be announced as it occurs.
J R Russell
Company Secretary
Guinness Peat Group plc
+44 20 7484 3370
13 May 2008