Brewin Dolphin Hldgs

Agreement to Acquire Broadbridge Stockbrokers

Brewin Dolphin Holdings PLC
6 April 2000


             Brewin Dolphin Yorkshire Acquisition


Brewin Dolphin Holdings PLC, one of the UK's leading portfolio
managers  and stockbrokers has, through its subsidiary  Brewin
Dolphin  Securities Limited, signed an unconditional agreement
for  the  acquisition  of  all  the  business  and  assets  of
Broadbridge,   the  well  established  Yorkshire  stockbroking
partnership.   Completion of the acquisition is scheduled  for
26 May 2000.

The consideration for the acquisition will be shares in Brewin
Dolphin  Securities  Limited.  The  Broadbridge  partners  may
until  20 September 2000 exchange the shares in Brewin Dolphin
Securities  Limited for £2,500,000 in cash and  861,111  fully
paid 1p ordinary shares in Brewin Dolphin Holdings PLC, which,
at  the  closing price prior to the date of this announcement,
represents an initial consideration of £4.3 million.   Subject
to  the  performance of the business acquired  over  the  next
three  financial  years  commencing 1  October  2000,  further
consideration could be due on 7 January 2004 of fully paid  1p
ordinary shares in Brewin Dolphin Holdings PLC having a  value
of up to £4 million.

Broadbridge,  which is a member of the London Stock  Exchange,
was established in 1918 and has an annual turnover of some  £3
million.

Ian  Waugh and Christopher Corlett will be retiring  from  the
Broadbridge  partnership following  the  acquisition.   It  is
proposed  that the Leeds head office of Broadbridge  will,  in
due course, be relocated with the Brewin Dolphin Leeds branch,
which  has,  until now, traded under the Wise Speke  name  and
will be rebranded Brewin Dolphin Securities.

Stephen  Hastings,  Senior Partner of Broadbridge,  commented:
'Becoming  part  of  a  larger  group  will  have  significant
benefits  for our clients.  Broadbridge's existing  operations
in  Yorkshire fit very well with those of Brewin  Dolphin  and
the  combination of our two firms creates a powerful operation
capable  of  meeting  the growing demand  for  private  client
stockbroking services.'

John  Hall, Managing Director of Brewin Dolphin Holdings  PLC,
said:  'I  am delighted that the partners of Broadbridge  have
decided to join us and look forward to welcoming them, members
of  Broadbridge's  staff  and  their  clients  to  the  group.
Broadbridge is a well established and highly regarded firm  in
the  North of England and it will significantly strengthen our
existing operations based in Leeds.'




For further information, please contact:

John Hall, Managing Director
Brewin Dolphin Holdings PLC        Tel: 020 7248 4400

Steven Wild, Partner
Broadbridge                        Tel: 0113 242 2211

Bob Gregory
Bell Pottinger Financial           Tel: 020 7353 9203