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Brewin Dolphin Hldgs (BRW)

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Tuesday 20 December, 2005

Brewin Dolphin Hldgs

Director Shareholding

Brewin Dolphin Holdings PLC
20 December 2005


                         BREWIN DOLPHIN HOLDINGS PLC
Issue and award of shares and grant of options over shares under the Brewin
          Dolphin Holdings PLC Senior Employee Matching Share Scheme


Brewin Dolphin Holdings PLC ('the company') announces that Mourant & Co Trustees
Limited ('the trustee'), as trustee of the Brewin Dolphin Holdings PLC Employee
Share Ownership Trust ('the Trust'), has recently acquired by subscription and
awarded shares and Brewin Dolphin Holdings PLC has granted options under the
Brewin Dolphin Holdings PLC Senior Employee Matching Share Scheme ('the scheme')
to employees of companies in the Brewin Dolphin group of companies, including
Mrs Soar, a Person Discharging Managerial Responsibility in relation to the
company. The scheme, which is intended to encourage share retention by the
participating employees, offers participating employees the opportunity to
purchase shares in the company at current market value and receive a matching
option to acquire shares at current market value.

On 19 December 2005 in Jersey, the trustee acquired by subscription and awarded
to relevant participating employees 611,431 of the company's ordinary shares of
1p each ('shares') and on a matching one to one basis the company granted
options to subscribe for 611,431 shares to relevant participating employees.

Of the shares awarded and options granted, Mrs Soar was awarded 6,369 shares
(0.003% of the company's total issued share capital) and granted options to
subscribe for 6,369 shares.  The shares awarded are registered in the name of
the trustee and will remain so subject to the terms of the scheme.

The shares have been issued to and awarded by the trustee nil paid at a price of
157p per share representing the market value of a share at the time of the issue
and award (the average mid-market price of a share at the close of business on
the three business days prior to 19  December 2005 was 157p).  The full purchase
price of the shares is payable to the trustee as set out in the scheme and in
any event no later than 19 December 2012.

The options are over new shares of the company and may be exercised, subject to
satisfaction of performance conditions, continued employment by a Brewin Dolphin
company and retention of the related awarded shares until 19 December 2009, and
otherwise as set out in the scheme, at a price of 157p per share (no payment was
made on grant) normally at any time between 19 December 2009 and 19  December
2012 but otherwise as set out in the scheme including by reason of a change of
control following a takeover. Save as set out in the scheme, the options may not
be sold, transferred, charged or otherwise disposed of prior to exercise.

Information regarding the award of the shares and options to and the interests
of Mrs Soar mentioned was received by the company on 19 December 2005.

Mrs Soar is also interested in shares held otherwise than under the scheme.
After the award of the shares and options Mrs Soar's total holding in the
company will be 234,469 shares (0.12% of the total issued share capital of the
company) and the total number of shares over which options are held by her will
be 78,979 shares.

This notification relates to a transaction notified under Disclosure Rule 3.1.2.

Please contact Angela Wright on + 44 (0)20 7246 1143 for further information.




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