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[sharechat] GPG capital note issue

From:	"DR" <kat47@bigfoot.com>
Date:	Fri, 4 May 2001 18:40:55 +1200

Guinness Peat Group PLC
4 May 2001


                   GUINNESS PEAT GROUP plc
                  ('GPG' or 'the Company')


GPG announces that it has appointed J B Were (New Zealand)
Limited as Lead Manager to advise it in connection with a
possible issue of capital notes to New Zealand investors.
An issue of up to NZ$250m is envisaged. Further details
will be announced in due course.

The Chairman of GPG, Sir Ron Brierley, said 'The capital
note issue will be a useful addition to the range of capital
resources available to GPG when considering prospective
investment opportunities.'

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