Trading Statement

Rathbone Brothers PLC
08 January 2007


Rathbone Brothers Plc
Trading statement
8 January 2007

Trading Update

Rathbone Brothers Plc, a leading provider of discretionary fund management and
wealth management services for private investors and trustees, is pleased to
announce that total funds under management as at its year end, 31 December 2006,
stood at £12.2 billion, a 14.0% increase over the half year (30 June 2006:
£10.7bn) and a 28.4% increase during 2006 (31 Dec 2005: £9.5bn).

Funds managed by Rathbone Investment Management Limited, the majority of which
are discretionary accounts, stood at £10.3 billion, an increase of 24.1% over
the 12 months to 31 December 2006. The FTSE/APCIMS Balanced Index, which is the
index which most closely reflects the spread of investments held by Rathbone
Investment Management clients, rose by 6.8% over 2006 and the FTSE 100 Index
rose by 10.7%.

Funds managed by Rathbone Unit Trust Management Limited stood at £1.9 billion,
an increase of 58.3% during 2006.

Disposal

On 19 December 2006, Rathbone Investment Management Limited sold to Butterfield
Bank (UK) Limited that part of its UK private banking business that it purchased
in April 2006 alongside an investment management business. The gross assets
transferred comprised a loan book of £33m. Completion took place on 5 January
2007.

Rathbone Investment Management Limited continues to hold a banking licence and
to offer banking services to its investment management and trust company clients
including overnight cash and currency accounts, time deposits, loans and
overdraft facilities.

Notice of Results

Rathbone Brothers Plc will issue its preliminary results for the year ended 31
December 2006 on Thursday 1 March 2007 which are anticipated to be broadly in
line with market expectations.

ENDS

For further information contact:

Rathbone Brothers Plc                                020 7399 0000 (Switchboard)

Mark Powell, Chairman
Andy Pomfret, Chief Executive
Emily Morris, Marketing Director


Smithfield                                                         020 7360 4900

Miranda Good/ Reg Hoare

Notes for editors:

Rathbone Brothers Plc specialises in providing, through its subsidiaries,
personalised investment management and wealth management services for private
clients and trustees, including discretionary asset management, tax planning,
trust and company management, and banking services. It manages £12.2 billion of
funds, including £1.9 billion managed by Rathbone Unit Trust Management (as at
31 December 2006). For existing investment management and trust company clients,
Rathbones offers a range of banking services, from overnight cash and currency
accounts to time deposits and overdraft facilities.


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