Trading Statement

Teather & Greenwood Holdings PLC
28 March 2001


              Teather & Greenwood Holdings plc
                              
                       Trading update

The  Board of Teather & Greenwood Holdings plc announce that
due  to  the  significantly reduced demand  for  its  retail
financial  services  activities  since  January,  reflecting
general  market conditions, results for the year  ending  30
April 2001 will fall below current market expectations.

Notwithstanding  this,  the  Group  remains  profitable  and
demand  for  its  corporate finance, equities  research  and
institutional activities remains strong and in line with the
Board's expectations.

In recognition of these factors and the underlying strengths
and  reputation of the Group, the Board expects to recommend
a  final dividend for the year ending 30 April 2001  of  not
less than the 1.3p paid for the year ended 30 April 2000.


For further information, please contact:

Teather  & Greenwood Limited                   0207  426 9000

Jeremy Delmar-Morgan, Chairman
Ken Ford, Chief Executive
Tim Davis, Marketing Director