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Brewin Dolphin Hldgs (BRW)

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Thursday 24 February, 2000

Brewin Dolphin Hldgs

Dividend Declaration

Brewin Dolphin Holdings PLC
24 February 2000


                  EXCELLENT START TO THE CURRENT YEAR
                    INTERIM DIVIDEND RAISED BY 25%
             5P SHARES TO BE DIVIDED INTO UNITS OF 1P EACH
             STOCKTRADE TO BECOME SEPARATE TRADING ENTITY

The  Board of Brewin Dolphin Holdings PLC, one of the United Kingdom's
leading private client fund managers and stockbrokers, has declared  a
first  interim dividend for the year ending 30 September 2000  of  10p
per  share  - an increase of 25% on the previous year.  This  dividend
will  be  paid on 6 April 2000 to shareholders on the Register  on  10
March 2000.

The  Board is also proposing to sub-divide the 5p ordinary shares into
units  of 1p each and a resolution to enact this proposal will be  put
to  an Extraordinary General Meeting of the Company on 27 March  2000.
Full details will be sent to shareholders shortly.

Brewin  Dolphin is continuing to enhance its presence  in  the  United
Kingdom  and earlier this month opened an office in Dorchester.   This
is Brewin Dolphin's twenty fourth office.

Announcing  the  increased  interim dividend  and  share  division  at
today's  Annual  General Meeting, Sir David Rowe-Ham,  Chairman,  said
that  the company had made an excellent start to the current financial
year, reflecting good trading conditions in the market as a whole.

Stocktrade, our execution only and online dealing business, has seen a
sharp  increase  in  volumes  as a result of  the  investing  publics'
awareness  and  demand for internet trading.  We plan  to  incorporate
Stocktrade  as a separate subsidiary company, which will give  us  the
flexibility  to take maximum advantage of opportunities available  for
its continued development.  Sir Peter Thompson who has just retired as
a  Non  Executive Director of Brewin Dolphin Holdings  has  agreed  to
become Non Executive Chairman of the new company.

Enquiries:

John Hall
Managing Director
Brewin Dolphin Holdings PLC                  Tel: 020 7248 4400

Bob Gregory
Bell Pottinger Financial                     Tel: 020 7353 9203


                                                                                                                                                  

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