Director/PDMR Shareholding

Close Brothers Group PLC 12 October 2007 CLOSE BROTHERS GROUP plc OPTION ADJUSTMENT FOLLOWING SPECIAL DIVIDEND This announcement is made in accordance with Listing Rule 3.1.4. Close Brothers Group plc (the "Company") announces that, following the record date for the Company's special dividend of 25p per ordinary share ("Share") payable on 6 November 2007, options under the Company's 1995 Executive Share Option Scheme (the "1995 Scheme") (other than options under the HM Revenue & Customs approved section of that scheme) have been adjusted by the Company's Remuneration Committee to take account of the depreciatory effect of the special dividend. This adjustment involves the exercise price of each option being multiplied by 0.9696 and the number of Shares under option being multiplied by 1.0314. The aggregate amount payable on exercise of these options and the latent gain per Share will be unaltered, subject to normal market factors. For those individuals identified as the Company's Persons Discharging Managerial Responsibility ("PDMRs") the impact of the adjustments is as follows: Unless stated otherwise all options detailed below are unapproved options held by PDMRs under the 1995 Executive Share Option Scheme. M.A.Hines Prior to adjustment After adjustment Grant Option Nos. of Exercise Nos. of Exercise Earliest Expiry year type options price options price exercise date date 1999 Approved 1,924 779.5p 1,924 779.50p 3 November 2 November 2002 2009 1999 15,576 779.5p 16,064 755.80p 3 November 2 November 2002 2009 1999 Approved 1,924 779.5p 1,924 779.50p 3 November 2 November 2004 2009 1999 15,576 779.5p 16,064 755.80p 3 November 2 November 2004 2009 2000 22,200 1125.0p 22,896 1090.80p 23 October 22 October 2003 2010 2000 22,200 1125.0p 22,896 1090.80p 23 October 22 October 2005 2010 2001 12,500 560.0p 12,892 542.98p 26 September 25 September 2006 2011 2002 7,500 450.0p 7,735 436.32p 8 October 7 October 2007 2012 2003 25,000 732.5p 25,784 710.23p 7 October 6 October 2006 2013 2003 25,000 732.5p 25,784 710.23p 7 October 6 October 2008 2013 2005 SAYE 1,414 661.0p 1,414 661.00p 1 December 31 May 2008 2009 -------- -------- 150,814 155,377 -------- -------- S.R.Hodges Prior to adjustment After adjustment Grant Option Nos. of Exercise Nos. of Exercise Earliest Expiry year type options price options price exercise date date 1998 42,500 417.5p 43,833 404.81p 7 October 6 October 2001 2008 1998 42,500 417.5p 43,833 404.81p 7 October 6 October 2003 2008 1999 37,500 779.5p 38,676 755.80p 3 November 2 November 2002 2009 1999 37,500 779.5p 38,676 755.80p 3 November 2 November 2004 2009 2000 Approved 1,333 1125.0p 1,333 1125.00p 23 October 22 October 2003 2010 2000 25,332 1125.0p 26,126 1090.80p 23 October 22 October 2003 2010 2000 Approved 1,333 1125.0p 1,333 1125.00p 23 October 22 October 2005 2010 2000 25,332 1125.0p 26,126 1090.80p 23 October 22 October 2005 2010 2001 35,000 560.0p 36,097 542.98p 26 September 25 September 2004 2011 2001 35,000 560.0p 36,097 542.98p 26 September 25 September 2006 2011 2002 45,000 450.0p 46,411 436.32p 8 October 7 October 2005 2012 2002 45,000 450.0p 46,411 436.32p 8 October 7 October 2007 2012 2003 55,000 732.5p 56,724 710.23p 7 October 6 October 2006 2013 2003 55,000 732.5p 56,724 710.23p 7 October 6 October 2008 2013 2005 SAYE 1,414 661.0p 1,414 661.00p 1 December 31 May 2008 2009 -------- -------- 484,744 499,814 -------- -------- R.D. Kent Prior to adjustment After adjustment Grant Option Nos. of Exercise Nos. of Exercise Earliest Expiry year type options price options price exercise date date 2000 33,330 1125.0p 34,375 1090.80p 23 October 22 October 2003 2010 2000 33,330 1125.0p 34,375 1090.80p 23 October 22 October 2005 2010 ------- -------- 66,660 68,750 ------- -------- C.D. Keogh Prior to adjustment After adjustment Grant Option Nos. of Exercise Nos. of Exercise Earliest Expiry year type options price options price exercise date date 1998 42,500 417.5p 43,833 404.81p 7 October 6 October 2001 2008 1998 42,500 417.5p 43,833 404.81p 7 October 6 October 2003 2008 1999 37,500 779.5p 38,676 755.80p 3 November 2 November 2002 2009 1999 37,500 779.5p 38,676 755.80p 3 November 2 November 2004 2009 2000 Approved 1,333 1125.0p 1,333 1125.00p 23 October 22 October 2003 2010 2000 25,332 1125.0p 26,126 1090.80p 23 October 22 October 2003 2010 2000 Approved 1,333 1125.0p 1,333 1125.00p 23 October 22 October 2005 2010 2000 25,332 1125.0p 26,126 1090.80p 23 October 22 October 2005 2010 2001 35,000 560.0p 36,097 542.98p 26 September 25 September 2004 2011 2001 35,000 560.0p 36,097 542.98p 26 September 25 September 2006 2011 2002 56,250 450.0p 58,014 436.32p 8 October 7 October 2005 2012 2002 56,250 450.0p 58,014 436.32p 8 October 7 October 2007 2012 2002 SAYE 3,360 391.0p 3,360 391.00p 1 December 31 May 2007 2008 2003 60,000 732.5p 61,881 710.23p 7 October 6 October 2006 2013 2003 60,000 732.5p 61,881 710.23p 7 October 6 October 2008 2013 2005 SAYE 540 661.0p 540 661.00p 1 December 31 May 2008 2009 ------- ------- 519,730 535,820 ------- ------- D.C. Pusinelli Prior to adjustment After adjustment Grant Option Nos. of Exercise Nos. of Exercise Earliest Expiry year type options price options price exercise date date 1998 15,000 417.5p 15,470 404.81p 7 October 6 October 2001 2008 1998 15,000 417.5p 15,470 404.81p 7 October 6 October 2003 2008 1999 30,000 779.5p 30,941 755.80p 3 November 2 November 2002 2009 1999 30,000 779.5p 30,941 755.80p 3 November 2 November 2004 2009 2000 Approved 1,333 1125.0p 1,333 1125.00p 23 October 22 October 2003 2010 2000 14,217 1125.0p 14,663 1090.80p 23 October 22 October 2003 2010 2000 Approved 1,333 1125.0p 1,333 1125.00p 23 October 22 October 2005 2010 2000 14,217 1125.0p 14,663 1090.80p 23 October 22 October 2005 2010 2001 15,000 560.0p 15,470 542.98p 26 September 25 September 2004 2011 2001 15,000 560.0p 15,470 542.98p 26 September 25 September 2006 2011 2002 22,500 450.0p 23,205 436.32p 8 October 7 October 2005 2012 2002 22,500 450.0p 23,205 436.32p 8 October 7 October 2007 2012 2002 SAYE 4,200 391.0p 4,200 391.00p 1 December 31 May 2007 2008 2003 42,500 732.5p 43,833 710.23p 7 October 6 October 2006 2013 2003 42,500 732.5p 43,833 710.23p 7 October 6 October 2008 2013 ------- ------- 285,300 294,030 ------- ------- S.W. Aulsebrook Prior to adjustment After adjustment Grant Option Nos. of Exercise Nos. of Exercise Earliest Expiry year type options price options price exercise date date 1998 15,000 417.5p 15,470 404.81p 7 October 6 October 2003 2008 1999 12,500 779.5p 12,892 755.80p 3 November 2 November 2002 2009 1999 12,500 779.5p 12,892 755.80p 3 November 2 November 2004 2009 2000 7,800 1125.0p 8,045 1090.80p 23 October 22 October 2003 2010 2000 7,800 1125.0p 8,045 1090.80p 23 October 22 October 2005 2010 2001 15,000 560.0p 15,470 542.98p 26 September 25 September 2006 2011 2002 Approved 3,333 450.0p 3,333 450.0p 8 October 7 October 2007 2012 2002 4,167 450.0p 4,298 436.32p 8 October 7 October 2007 2012 ------- ------- 78,100 80,445 ------- ------- M.J. Barley Prior to adjustment After adjustment Grant Option Nos. of Exercise Nos. of Exercise Earliest Expiry year type options price options price exercise date date 1999 Approved 1,924 779.5p 1,924 779.5p 3 November 2 November 2004 2009 1999 10,576 779.5p 10,908 755.80p 3 November 2 November 2004 2009 2000 7,800 1125.0p 8,045 1090.80p 23 October 22 October 2003 2010 2000 7,800 1125.0p 8,045 1090.80p 23 October 22 October 2005 2010 2001 10,000 560.0p 10,314 542.98p 26 September 25 September 2006 2011 2002 20,000 450.0p 20,627 436.32p 8 October 7 October 2007 2012 2002 SAYE 4,200 391.0p 4,200 391.00p 1 December 31 May 2007 2008 2003 25,000 732.5p 25,784 710.23p 7 October 6 October 2008 2013 ------- ------- 87,300 89,847 ------- ------- R.S. Grainger Prior to adjustment After adjustment Grant Option Nos. of Exercise Nos. of Exercise Earliest Expiry year type options price options price exercise date date 1998 15,000 417.5p 15,470 404.81p 7 October 6 October 2003 2008 1999 12,500 779.5p 12,892 755.80p 3 November 2 November 2002 2009 1999 12,500 779.5p 12,892 755.80p 3 November 2 November 2004 2009 2000 6,650 1125.0p 6,858 1090.80p 23 October 22 October 2003 2010 2000 6,650 1125.0p 6,858 1090.80p 23 October 22 October 2005 2010 2001 15,000 560.0p 15,470 542.98p 26 September 25 September 2004 2011 2001 15,000 560.0p 15,470 542.98p 26 September 25 September 2006 2011 2002 11,667 450.0p 12,033 436.32p 8 October 7 October 2005 2012 2002 Approved 3,333 450.0p 3,333 450.0p 8 October 7 October 2007 2012 2002 11,667 450.0p 12,033 436.32p 8 October 7 October 2007 2012 ------- ------- 109,967 113,308 ------- ------- J.S. Sieff Prior to adjustment After adjustment Grant Option Nos. of Exercise Nos. of Exercise Earliest Expiry year type options price options price exercise date date 1998 15,000 417.5p 15,470 404.81p 7 October 6 October 2003 2008 2003 Approved 2,047 732.5p 2,047 732.50p 7 October 6 October 2008 2013 2003 15,453 732.5p 15,938 710.23p 7 October 6 October 2008 2013 2005 SAYE 1,414 661.0p 1,414 661.00p 1 December 2008 31 May 2009 ------- ------- 18,914 19,399 ------- ------- As a result of these adjustments, the aggregate number of Shares under option under the 1995 Scheme (under both the approved and unapproved sections) will increase from 5,477,271 Shares to 5,639,540 Shares. In accordance with HM Revenue & Customs requirements, no adjustment can be made to options outstanding under the HMRC approved section of the 1995 Scheme, or to options outstanding under the Company's SAYE Scheme. In relation to Share awards under the Company's 2004 Long Term Incentive Plan, and under various Deferred Share arrangements for PDMRs and others, no adjustment needs to be made to the number of Shares under award because dividends notionally accrue on Shares which vest under these arrangements in any event. This information is provided by RNS The company news service from the London Stock Exchange

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