Rule 8.1- Newbury Racecourse

5 Feb 2008 12:39

Guinness Peat Group PLC05 February 2008 Newbury Racecourse plc The following is the text of a letter which is being sent today by Guinness Peat Group plc ("GPG") to Newbury Racecourse plc ("Newbury") in connection with GPG's purchase of shares in Newbury. "Disclosure of Interest in Shares pursuant to Rule 8.1 of the Takeover Code ("the Code") Guinness Peat Group plc and its subsidiary companies ("the Group") hereby notify Newbury Racecourse plc ("Newbury") that, following the on-market acquisitions on 4 February 2008 of 11,079 Ordinary shares of Newbury ("Shares") at £11.50 per Share and off-market acquisitions on 5 February 2008 of 15,335 Shares at £11.50 per Share, the Group's direct interest now amounts to 832,886 Shares representing 27.36% of the issued share capital of Newbury. The Group has no interest in options or derivatives in the shares of Newbury. Therefore, following the above transactions, in accordance with its disclosure obligations under Rule 8.1 of the Code, the Group has a long interest in relevant securities (as defined in the Code) in aggregate totalling 27.36% of the issued shares of Newbury. The Group has an interest by virtue of being a Rule 8.1 shareholder of Newbury. No member of the Group is party to any agreement or arrangement relating to the exercise of any rights conferred by holding the Shares the subject of this notification" Richard Russell Company Secretary Guinness Peat Group plc Tel: (0) 20 7484 3370 5 February 2008 This information is provided by RNS The company news service from the London Stock Exchange