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Brewin Dolphin Hldgs (BRW)

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Tuesday 05 September, 2000

Brewin Dolphin Hldgs


Brewin Dolphin Holdings PLC
5 September 2000


Brewin  Dolphin  Holdings PLC (the Company)  is  pleased  to
announce  that  it has today agreed to purchase  the  entire
share capital of Basebuzz Limited and entered into an option
agreement to purchase the entire share capital of T.A.Vivary
Limited.  The  initial consideration for  Basebuzz  will  be
29,850 1p ordinary shares in the Company. On the exercise of
the option the initial consideration for  T.A.Vivary Limited
will  be £1.5m of 1p ordinary shares in the Company of which
£1m may be paid in cash at the option of the Company.

A  second  consideration, up to a maximum value of  £650,000
for  Basebuzz Limited and £3.5m for T.A.Vivary Limited,  may
be  payable, in ordinary shares of the Company, dependant on
the  net  profits of Basebuzz Limited and T.A.Vivary Limited
over the three year period to 30 September 2003.


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

David Beck
Caroline Sturdy
Bell Pottinger Financial Limited
020 7353 9203


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