Brewin Dolphin Holdings PLC
07 January 2004


Pursuant to the Brewin Dolphin Holdings PLC SAYE Option Schemes, options over
137,568 ordinary shares of 1p each have been exercised. Accordingly, application
has been made to the UK Listing Authority and the London Stock Exchange for
these shares to be admitted to the Official List. These shares rank pari passu
with the existing issued shares of the company.



For further information contact:

Lorna Green                                                 020 7246 1279


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