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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.'

D.

 
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