Directorate Change

Rathbone Brothers PLC
18 October 2007


18 October 2007

                             Rathbone Brothers Plc
                    Changes to the Board and Trading Update


Rathbone Brothers Plc ('Rathbones') a leading provider of discretionary fund
management and wealth management services for private investors and trustees,
today announces a number of changes to the Board and provides the market with a
trading update.


New Board Members

David Harrel and John May will join the Board of Rathbones as non-executive
directors on 1 December 2007.


Mr. Harrel, aged 59, was a founding partner of S.J. Berwin LLP and senior
partner for 14 years. He remains a consultant to the firm. In addition, he holds
a non-executive role with Wichford Plc.


Mr. May, aged 52, is an executive director of Caledonia Investments Plc. Prior
to joining Caledonia in 2003, he had worked for over 20 years with the Hambros
Group, where he was an executive director of Hambros Bank. He is a director of a
number of other companies including British Empire Securities and General Trust
Plc and Begbies Traynor Group Plc.


On the same date Jamie Cayzer-Colvin will step down from the Board of Rathbones,
of which he has been a member for the last five years. On 31 December 2007 Roy
Morris, who had been Chief Executive of Rathbones until 2004, will retire from
the Board, following a quite remarkable fifty years of continuous service with
Rathbones - a contribution to the development of this Company which is unlikely
ever to be surpassed.


Trading Update

Funds under management as at 30 September 2007 stood at £13.2 billion, compared
with £12.2 billion as at 31 December 2006. These figures include funds managed
by Rathbone Unit Trust Management of £2.1 billion, compared with £1.9 billion at
31 December 2006.

Mark Powell, chairman of Rathbone Brothers Plc, commented:

'The last few months have seen periods of considerable market turbulence in the
UK and beyond, although equity markets have remained reasonably buoyant. The
growth in our funds under management during the last nine months demonstrates
considerable resilience and a continuing high level of organic growth. During
the last quarter of the year we will be watching carefully to see whether the
much publicised anxieties in world credit markets impact our flow of new
business.


We are delighted to welcome David Harrel and John May to our Board and thank Roy
Morris and Jamie Cayzer-Colvin for their important and valuable contributions to
Rathbones'.

                                      ENDS






For further information contact:


Rathbone Brothers Plc 020 7399 0000 (Switchboard)

Mark Powell, Chairman
Andy Pomfret, Chief Executive
Emily Morris, Marketing Director

Smithfield 020 7360 4900

Miranda Good/ Reg Hoare



Notes for editors:

Rathbone Brothers Plc specialises in providing, through its subsidiaries,
personalised investment management and wealth management services for private
clients and trustees, including discretionary asset management, tax planning,
trust and company management, and banking services. It manages £13.2 billion of
funds, including £2.1 billion managed by Rathbone Unit Trust Management (as at
30 September 2007). For existing investment management and trust company
clients, Rathbones offers a range of banking services, from overnight cash and
currency accounts to time deposits and overdraft facilities.

Appendix


Listing Rule disclosures

Directorships of publicly quoted companies
Mr. Harrel is currently a director of Wichford Plc. He has not held any other
directorship of a publicly quoted company in the past five years.


Mr. May is currently a director of Caledonia Investments Plc, British Empire
Securities and General Trust Plc and Begbies Traynor Group Plc. He is also a
director of Kingdom Group Holdings Limited, a company incorporated in the Cayman
Islands and listed on the Hong Kong Stock Exchange.


In the past five years he has been a director of Apace Media Plc (formerly FTV
Group Plc - resigned October 2002), Incisive Media plc (resigned December 2006)
and of Vianet Group Plc (resigned January 2004).

Other
Save as disclosed above in relation to other directorships of publicly quoted
companies, no information is required to be disclosed pursuant to Listing Rule
9.6.13.






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