Rathbone Brothers PLC : Trading Statement

Rathbone Brothers Plc
Trading Update and Notice of Results


Trading Update
Rathbone  Brothers Plc ("Rathbones"),  a leading provider  of discretionary fund
management  and wealth management services  for private investors, charities and
trustees, announces that:

  * Total funds under management as at 31 December 2011 were £15.85 billion, up
    1.4% from £15.63 billion as at 31 December 2010.
  * Funds managed by Rathbone Investment Management Limited were £14.76 billion
    as at 31 December 2011, up 1.2% from £14.59 billion as at 31 December 2010.
    This compares to a 5.6% decrease in the FTSE 100 Index and a 2.8% decrease
    in the FTSE APCIMS Balanced Index over the same period.
  * The underlying annualised rate of net organic growth in funds under
    management in Rathbone Investment Management Limited was 5.4% in the year
    ended 31 December 2011 (2010: 5.3%).
  * Acquired inflows of funds under management into Rathbone Investment
    Management Limited totalled £0.31 billion in the year (2010: £0.60 billion)
    which when added to net organic growth represents a net annual growth rate
    of 7.5% (2010: 10.2%).
  * The FTSE 100 Index ended 2011 at 5572 (2010: 5900) making the average index
    5663 on quarter end billing dates in 2011 (2010: 5528).
  * Cash held in client portfolios was £0.9 billion as at 31 December 2011
    (2010: £0.8 billion).
  * Funds managed by Rathbone Unit Trust Management Limited rose to £1.09
    billion as at 31 December 2011 from £1.04 billion as at 31 December 2010, an
    increase of 4.8%. Total net fund inflows were positive each month in 2011,
    totalling £35 million in the fourth quarter of 2011 and £97 million for the
    full year.

Outlook
Rathbones  is cautiously  optimistic about  the prospects  for 2012 with  the UK
equity  market ending 2011 on a more positive  note.  There is no doubt that the
uncertainties  over Europe persist but this  is balanced by indications that the
economic  environment is showing small signs of improvement, particularly in the
USA.

Rathbones will continue investing to consolidate its position as a leading
provider of high-quality, personalised discretionary investment management
services.



Notice of Results
Rathbones  will issue its  preliminary statement of  annual results for the year
ended  31 December 2011 on Tuesday 21 February  2012. Results are anticipated to
be in line with expectations.

ENDS

10 January 2012


For further information contact:

 Rathbone Brothers Plc             Quill PR
 Tel: [phone]                Tel: [phone]
 email: [e-mail]

 Mark Nicholls, Chairman           Hugo Mortimer-Harvey
 Andy Pomfret, Chief Executive     Fiona Harris
 Paul Stockton, Finance Director



Rathbone Brothers Plc

Rathbone Brothers Plc is a leading independent provider of high-quality,
personalised investment and wealth management services for private investors,
charities and trustees. This includes discretionary investment management, tax
and financial planning and unit trusts.

Rathbones has some 750 staff in 11 UK locations and Jersey, and has its
headquarters in New Bond Street, London.

From 27 February 2012, Rathbones' head office will move to 1 Curzon Street,
London, W1J 5FB.

www.rathbones.com








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Source: Rathbone Brothers PLC via Thomson Reuters ONE

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