EGM Statement

Secure Trust Banking Group PLC
21 January 2005




PRESS ANNOUNCEMENT                                      EMBARGOED UNTIL 7:00a.m.

21 January 2005

NOT FOR RELEASE, DISTRIBUTION OR PUBLICATION IN WHOLE OR IN PART IN OR INTO THE
UNITED STATES, CANADA, JAPAN, AUSTRALIA, THE REPUBLIC OF IRELAND OR SOUTH
AFRICA

SECURE TRUST BANKING GROUP PLC ('SECURE TRUST' OR THE 'COMPANY')

RESULT OF OPEN OFFER AND EXTRAORDINARY GENERAL MEETING

On 15 December 2005, Secure Trust announced the Open Offer by Hawkpoint Partners
Limited on behalf of the Company of up to 1,282,245 New Ordinary Shares at 310
pence per share with an Excess Application Facility. As a result of the Open
Offer, on 20 January 2005, Secure Trust allotted all of the 1,282,245 New
Ordinary Shares and has raised a total of £3.8m net of expenses.

Of the 1,282,245 New Ordinary Shares available for take up under the Open Offer,
valid applications have been received for 1,002,099 New Ordinary Shares in
respect of shareholders' basic entitlements, all of which have been allotted.
Applications have also been received for 669,277 New Ordinary Shares under the
Excess Application Facility, of which 280,146 have been allotted. The excess
applications have been allotted pro rata to each applicant's holding as set out
in the Circular to shareholders dated 15 December 2004.

Henry Angest, Chairman and Chief Executive of Secure Trust, will, following the
issue of the New Ordinary Shares, have a total shareholding of 6,980,294
Ordinary Shares, representing 49.0 per cent. of the Enlarged Share Capital of
the Company.

At the Extraordinary General Meeting of Secure Trust, which took place
yesterday, the resolutions put to Independent Shareholders (in respect of the
Open Offer Resolution) and the Shareholders (in respect of the resolution
relating to the Arbuthnot Securities Long Term Incentive Plan) and as set out in
the Circular issued on 15 December 2004, were duly passed. The New Ordinary
Shares will be admitted to the Official List today and trading on the London
Stock Exchange's market for listed securities will also commence today.

Terms defined in the Circular of Secure Trust dated 15 December 2004 shall,
unless the context requires otherwise, have the same meaning in this
announcement.


For further information contact:

Secure Trust Banking Group PLC                                   020 7012 2400
Henry Angest
Stephen Lockley

Hawkpoint Partners Limited                                       020 7665 4500
Paul Baines
Lawrence Guthrie

The directors of Secure Trust accept responsibility for the information
contained in this announcement. To the best of the knowledge and belief of the
directors of Secure Trust (who have taken all reasonable care to ensure that
such is the case), the information contained in this announcement is in
accordance with the facts and does not omit anything likely to affect the import
of such information.

Hawkpoint Partners Limited, which is authorised and regulated in the United
Kingdom by the Financial Services Authority, is acting exclusively for Secure
Trust and no one else in connection with the Open Offer and will not be
responsible to anyone other than Secure Trust for providing the protections
afforded to its customers or for providing advice in relation to the contents of
this announcement or any transaction or arrangement referred to herein.

The New Ordinary Shares to be issued in connection with the Open Offer have not
been nor will they be registered under the United States Securities Act of 1933
(as amended) or under the securities laws of any state of the United States, or
any state, province or territory of Canada, Japan, Australia, the Republic of
Ireland, South Africa or their respective territories or possessions.



                      This information is provided by RNS
            The company news service from the London Stock Exchange