Board appointments

Secure Trust Banking Group PLC
27 May 2003


                         SECURE TRUST BANKING GROUP PLC

                       ('Secure Trust') or (the 'Group')

                               Board Appointments

The Board of Secure Trust is pleased to announce the appointment of David
Lascelles and John Reed to the Board with effect from 1 June 2003.

David Lascelles joins as a Non-Executive Director. David is Co-Director and
Joint Founder of the Centre for the Study of Financial Innovation (CSFI). The
CSFI is an independent think-tank formed in 1993 to stimulate research into the
future of the financial services industry and is today highly regarded as shown
by the support given to it by many of the world's leading banks, as well as
official organisations such as the Bank of England, the UK Treasury, the FSA and
the DTI.

Previously David was with the Financial Times where he held a number of senior
positions including New York Correspondent, Banking Editor and Resources Editor.

Outside the CSFI, David lectures at the ISMA Centre at Reading University,
Europe's leading masters degree course in investment banking, and writes for the
international press. He also advises utilities on the financial implications of
environmental risk.

John Reed has recently joined the Group as Chief Executive of Arbuthnot Latham &
Co., Limited, the Group's private banking subsidiary. John was previously Group
Chief Operating Officer of private banking group SG Hambros Bank & Trust
Limited. Having started his career with Midland Bank plc he joined the merchant
bank, Hambros Bank Limited, some thirteen years ago during which time he managed
businesses in international, corporate and private banking.

In April 2003, Stephen Lockley moved from being Chief Executive of Arbuthnot
Latham & Co., Limited to become Chief Executive of Arbuthnot Securities Limited,
the Group's recently acquired investment banking business. At the same time he
continues to be Finance Director of Secure Trust Banking Group PLC.

Henry Angest, Group Chairman & Chief Executive, commenting on the Board
appointments, said:

'Following the Group's strategic expansion into investment banking earlier this
year, we are continuing to broaden the composition of the Board. I am, therefore
delighted to announce the appointment of David Lascelles and John Reed.

I welcome David Lascelles as a Non-Executive Director. David has great knowledge
of the financial services industry, stemming from his time at the Financial
Times and from the work he now does at the CSFI. His appointment as a
Non-Executive Director will benefit the Group in its further development.

I am equally pleased to welcome John Reed to the Board. John's extensive banking
experience, including 13 years at SG Hambros, will assist the Group in building
on the progress already made in its private banking business, Arbuthnot Latham &
Co., Limited.'

Enquiries:

Secure Trust Banking Group PLC         Henry Angest, Chairman and Chief Executive          020 7374 0417
                                       Stephen Lockley, Finance Director                   020 7002 4686

Biddicks                               Katie Tzouliadis or Kathryn Burn                    020 7448 1000

The following information is a list of directorships held by David Lascelles and
John Reed within the last five years:

David Lascelles

Centre for the Study of Financial Innovation Limited     (Current)

John Reed

SG Hambros Bank & Trust Limited                     (Past)

SG Hambros Bank & Trust (Jersey) Limited            (Past)

SG Hambros Bank & Trust (Guernsey) Limited          (Past)

SG Hambros Bank & Trust (Gibraltar) Limited         (Past)

SG Hambros Bank & Trust (Bahamas) Limited           (Past)

SG Investment Management Limited                    (Past)

There are no further disclosures to be made under Listing Rule 16.4.


                      This information is provided by RNS
            The company news service from the London Stock Exchange