Guinness Peat Group plc ("GPG") is pleased to note the announcement by Coats Viyella plc ("Coats") that it is appointing M. Noel Goutard, M. Eduardo Malone and Mr. Blake Nixon as non-executive directors of Coats with effect from 10 January 2001.

Blake Nixon, UK Executive Director of Guinness Peat Group plc ("GPG") has written to Sir Harry Djanogly, Chairman of Coats Viyella PLC ("Coats Viyella"), serving a requisition calling for the directors of Coats Viyella to convene an Extraordinary General Meeting to consider resolutions to appoint four additional non-executive directors to the Board.

Guinness Peat Group plc ("GPG") announces that, as at 2.00 p.m. on 13 October 2000, GPG Acquisitions No. 3 plc ("GPG Acquisitions"), its wholly-owned subsidiary, had by virtue of acceptances of the Offer acquired or contracted to acquire 75,263,838 Staveley Shares representing approximately 91.1 per cent.

Guinness Peat Group plc ("GPG") announces that, as at 3.00 p.m. on 28 September 2000, following the closure of the Basic Offer, GPG owned or controlled or had received valid acceptances pursuant to the Offer for a total of 97,604,105 Staveley Shares representing approximately 83.9 per cent. of Staveley`s issued ordinary share capital (including the 33,774,700 Staveley Shares owned by GPG prior to the announcement of the Offer).

Guinness Peat Group plc ("GPG") announces that all of the outstanding conditions of the Offer made by Deloitte & Touche Corporate Finance on behalf of GPG Acquisitions No. 3 plc ("GPG Acquisitions") for Staveley Industries plc ("Staveley") have been satisfied or waived and that the Offer is hereby declared unconditional in all respects.

On 6 September 2000 the Independent Directors of Staveley Industries plc ("Staveley") recommended the Offer made on behalf of GPG Acquisitions No. 3 plc ("GPG Acquisitions"), a wholly-owned subsidiary of Guinness Peat Group plc ("GPG"), to acquire the whole of the issued and to be issued ordinary share capital of Staveley other than the 33,774,700 Staveley shares which GPG already owned.

Guinness Peat Group plc ("GPG") announces a cash offer facility to be made by Deloitte & Touche Corporate Finance on behalf of GPG Acquisitions No. 3 plc ("GPG Acquisitions"), a wholly-owned subsidiary of GPG, to acquire the whole of the issued and to be issued ordinary share capital of Staveley Industries plc ("Staveley") other than the 33,774,700 Staveley Shares it already owns.

Blake Nixon, UK Executive Director of Guinness Peat Group plc ("GPG") has written to Mr John Young, Chairman of Young & Co`s Brewery P.L.C. ("Young & Co"), proposing four resolutions for the Young & Co Annual General Meeting due to be held on 18 July.

Further to the announcement made on 7 March 2000 in London of a payment on 28 March 2000 of an interim dividend for the year ended 31 December 1999, GPG now advises that the proposed ex dividend date for the ASX has been amended to 10 March 2000.

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