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TOWER LIMITED Capital/Financing Update 2013

Sep 29, 2013

65971_rns_2013-09-29_42c81811-5eb0-4168-ba36-8a35118e392f.pdf

Capital/Financing Update

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GUINNESS PEAT GROUP PLC

(“GPG” or the “Company”)

Investment Portfolio Update

GPG announces today that it has sold its entire shareholding (33.6%) in TOWER Limited at a price of NZ$1.70 per share.

Transaction cash proceeds are expected to be approximately NZ$118.3m (£60.7m).

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

30 September 2013

Enquiry details are:

New Zealand and Australian media: Geoff Senescall on: +64 9 309 5659 UK media: Kevin Smith on: +44 20 7282 1054