Board appointments

Secure Trust Banking Group PLC
19 December 2002


                         SECURE TRUST BANKING GROUP PLC

                               BOARD APPOINTMENTS

Secure Trust Banking Group PLC ('the Company') announces the appointments of
Keith Deakin and Derek Pearson to the Board with effect from 1 January 2003.

They have been Joint Managing Directors of the Company's subsidiary, Secure
Trust Bank, since January 2001 and both have been with the group for many years.
Prior to their appointment as Joint Managing Directors, Keith was Information
Technology Director and Derek was Marketing Director, respectively of Secure
Trust Bank.

As announced on 11 November, Chris Airey will also join the Board of the Company
with effect from 1 January 2003 or, if later, at the completion of the
acquisition of Old Mutual Securities Limited ('OMS'). The Company announced the
proposed acquisition of OMS on 11 November and Chris Airey is its Chief
Executive.

All three new directors will continue to perform their existing executive roles
of managing subsidiary company operations. There are no disclosures to be made
in accordance with Listing Rule 16.4.

Commenting on these Board appointments, Henry Angest, Chairman and Chief
Executive of Secure Trust Banking Group PLC said:-

'The appointments of Keith Deakin and Derek Pearson to the main Board reflect
the importance to the group of Birmingham-based Secure Trust Bank, which
provides financial services to some 54,000 households, mainly in the West
Midlands. Together with Chris Airey, they bring additional skills that will
assist us in developing the group. I am pleased to welcome them to the Board.'

Enquiries:

Secure Trust Banking Group PLC   Henry Angest, Chairman and Chief Executive                           Tel: [phone]

                                 Stephen Lockley, Finance Director                                    Tel: [phone]

Biddicks                         Katie Tzouliadis                                                     Tel: [phone]











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