Brewin Dolphin Holdings PLC
14 January 2002


Pursuant to the Brewin Dolphin Holdings PLC 1994 Approved Share Option Scheme, 
an option over 5000 ordinary shares of 1p each has been exercised.

Accordingly, application has been made to the UK Listing Authority and the 
London Stock Exchange, for these share to be admitted to the Official List.  
These shares rank pari passu with the existing issued shares of the company.