Deferred Consideration

Braemar Group PLC
25 January 2007




                       PAYMENT OF DEFERRED CONSIDERATION


Braemar Group plc is pleased to announce that, following the successful close of
its latest fund, Coronation IV Limited Partnership, the growth in funds under
management has exceeded the target of more than £5 million as set out in the
agreement for the acquisition of The Braemar Group Limited, dated 9 November
2005.

As a result, the final two conditions have been met for the payment of deferred
consideration in relation to that acquisition. The Board has, today, approved
the payment of £250,000 to two of the vendors, Marc Duschenes, and his wife
Jennie Duschenes in the form of convertible loan notes, the terms of which were
set out in the admission document dated 10 November 2005.


For further information please contact:

Martin Robinson, Chairman, Braemar Group plc
Marc Duschenes, Chief Executive, Braemar Group plc
Julie Serrage, Investor Relations, Braemar Group plc
Tel: [phone]

Alex Clarkson, Zeus Capital
Tel: [phone]


Notes to Editors

Braemar Group plc creates and promotes a range of innovative and tax efficient
financial products aimed at the high net worth community including Private
Equity, Property and Collective Investment Schemes.

Braemar has three divisions:


Fund Management

Braemar currently has four funds under management. Braemar receives an annual
management fee plus a carried interest or performance fee, which may be linked
to an index.

Braemar is also preparing for the launch of a £25 million residential property
fund that will be suitable for SIPP investment and is also monitoring the
developments in Real Estate Investment Trusts (REITs).


Property Management

This division comprises property management and block management.

Once a fund is put in place, Braemar manages the properties in-house. Whilst
project driven fees typically generate a high margin up front, the longer term
management activity provides Braemar with a trail of recurring fee income.

Braemar's block management activity, a newly established business, takes a
pro-active interest in the properties it manages and ensures a cost effective
programme of maintenance is in place that, wherever possible, enhances the value
of the properties.

Braemar also trades reversionary residential property, acting as agent or
principal and from time to time is involved in property development on its own
account.


Corporate Finance

This division primarily acts as arranger and promoter to the various structured
investment products being launched by the Group, and offers specialist advisory
and fund raising services for both public and private companies, through a
network of high net worth individuals and financial intermediaries. This
division, Braemar Securities Limited, is authorised and regulated by the
Financial Services Authority.




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