Completion of Acquisition

Close Brothers Group PLC
07 January 2005



             CLOSE BROTHERS GROUP PLC ("CLOSE BROTHERS") ANNOUNCES
  THE COMPLETION OF THE ACQUISITION OF THE MOTOR FINANCE LOAN BOOK OF SINGER &
                  FRIEDLANDER FINANCE LIMITED ("S&F FINANCE")

Close Brothers announces that the above transaction, as reported on 5 January
2005, has now completed.

Press enquiries:

Close Brothers Limited: 
Stephen Hodges - 020 7426 4000
Chairman



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