SHAREHOLDERS

THIS DOCUMENT IS IMPORTANT AND REQUIRES YOUR IMMEDIATE ATTENTIONUnless otherwise stated, words and expressions defined in GPG’s offer document dated 7 December 2007(the ‘‘Offer Document’’) shall have the same meanings where used in this document.Strand Partners, which is authorised and regulated in the United Kingdom by the Financial ServicesAuthority, is acting exclusively for GPG Acquisitions and no one else in connection with the Offer andwill not be responsible to anyone other than GPG Acquisitions for providing the protections afforded toclients of Strand Partners, or for providing advice in relation to the Offer or any matter referred to herein.The directors of GPG Acquisitions, whose names are set out in paragraph 2(a)(i) of Appendix III to theOffer Document, and the directors of GPG plc whose names are set out in paragraph 2(b)(ii) of AppendixIII to the Offer Document, accept responsibility for all of the information contained in this document, savethat the only responsibility accepted by them in respect of information in this document relating toNewbury Racecourse, which has been complied from public sources, is to ensure that such informationhas been correctly and fairly reproduced and presented. Subject to the above, to the best of theknowledge and belief of the directors of GPG Acquisitions and GPG plc (each of whom has taken allreasonable care to ensure that such is the case), the information contained in this document for whichthey accept responsibility is in accordance with the facts and does not omit anything likely to affect theimport of such information.Strand Partners, of 26 Mount Row, London W1K 3SQ, which is authorised and regulated in the UnitedKingdom by the Financial Services Authority, has approved the contents of this document for thepurposes of section 21 of the Financial Services and Markets Act 2000. Strand Partners has given and notwithdrawn its written consent to the issue of this document with the inclusion of the references to itsname in the form and context in which they appear. Such consent will be available for inspection at theoffices of DLA Piper UK LLP, 3 Noble Street, London EC2V 7EE during normal business hours on anyweekdays (Saturdays, Sundays and public holidays excepted) whilst the Offer remains open foracceptance.