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Brewin Dolphin Hldgs (BRW)

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Tuesday 27 February, 2001

Brewin Dolphin Hldgs

AGM Statement

Brewin Dolphin Holdings PLC
27 February 2001

27 February 2001

                         Brewin Dolphin Holdings PLC

Sir David Rowe-Ham, Chairman of Brewin Dolphin Holdings PLC told shareholders
at today's Annual General Meeting that:

'In common with the rest of the Industry, our trading volumes have not reached
the record levels of last year. Against this background, and given the
provision, as already announced, for one-off expenses to be incurred in
achieving cost reductions at Stocktrade, our first half profits will be lower
than those for last year.

'Trading conditions are subdued compared with last year. However funds under
management continue to grow and are now over £18 bn.

'Your Board is recommending maintaining the first interim dividend of 2p
payable on 6th April to holders on the Register on 9th March with the
intention of increasing the second payment in October (1.25p last year) to
reduce the disparity between the two payments and increasing the total for the
year to 30th September 2001.'


John Hall

Managing Director

Brewin Dolphin Holdings PLC                    Tel:     020 7248 4400

Caroline Sturdy

Associate Director

Bell Pottinger Financial                         Tel:      020 7353 9203


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