RNS No 7775k
PETERHEAD GROUP PLC
16th January 1998

Contacts: Campbell Allan, Chairman
          Peterhead Group PLC
          Tel:  0171 236 6236

          Ian Bailey
          Square Mile Communications
          Tel:  0171 583 4567




            Peterhead Group PLC ("Peterhead")

          Appointment of Group Chief Executive
                            
Peterhead, the specialist mechanical asset rental  group,
announces  today the appointment of Mr William  Baugh  as
Group  Chief Executive, with immediate effect.  Mr  Baugh
who  joined Peterhead as a non-executive director  on  31
October 1997, was previously a divisional Chief Executive
and main board director of Molins plc.

Mr  William  Goff,  who was appointed  to  the  Board  in
September  1996 to assist the Group through  the  placing
and capital restructuring last year, will resign from the
Board on 31 January 1998, on the expiry of his fixed term
contract.

The  Board intends to announce the appointment of a  non-
executive director in the near future.


END

BOAANURKWSKAAAR


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