Brewin Dolphin Holdings PLC
27 February 2002


27 February 2002


                BREWIN DOLPHIN HOLDINGS PLC - TRADING STATEMENT

As stated in our Annual Report, we have restructured our business to take
account of current market conditions. These are subdued at present with the
stock market trading in a narrow range some 20 per cent below the levels of a
year ago. Inevitably, this will have an effect on turnover and profits for the
first half of the current year.

The first interim dividend will be 2p per share, the same as last year, and is
payable on the 8th April 2002.

We are improving efficiency, are building our business and we continue to
attract talented teams and individuals to join us.


Enquiries

Brewin Dolphin                                          0207 248 4400
John Hall

Citigate Dewe Rogerson                                  0207 638 9571
Patrick Donovan
Sarah Gestetner


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