Brewin Dolphin Holdings PLC
13 August 2001



SECTION 198 COMPANIES ACT 1985 ('THE ACT')

STANDARD LIFE INVESTMENTS notified us that on 3rd August 2001 that Standard Life
Investments sold 400,000 shares on behalf of Standard Life Group. This decreased
the total held as a material interest to 5,288,453 being less that 3% of the
issued capital.