PEET LIMITED — M&A Activity 2013

Apr 9, 2013

GUINNESS PEAT GROUP PLC

(“ GPG” or “the Company ”)

PEET LIMITED TAKEOVER OFFER FOR CIC AUSTRALIA LIMITED

GPG notes the announcement made today by Peet Limited (ASX: PPC) (“ Peet ”) regarding Peet’s off-market takeover bid for all the issued shares in CIC Australia Limited (ASX: CNB) (“ CIC ”) (“ Bid ”).

Pursuant to a pre-bid agreement, GPG has agreed to sell Peet 25,032,432 ordinary shares in CIC held by GPG, representing a 19.9% stake.

GPG intends to accept the Bid for its entire shareholding in CIC on or before 7 May 2013, subject to there being no superior proposal at that time.

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

10 April 2013

Enquiry details are:

New Zealand and Australian media: UK media:

Geoff Senescall on: +64 9 309 5659 Kevin Smith on: +44 20 7282 1054