Brewin Dolphin Holdings PLC
1 December 1999
Not for distribution or release in or into the United
States, Canada, Japan or Australia
Brewin Dolphin Holdings plc ('Brewin Dolphin')
Further re placing
Further to the placing announced yesterday, Brewin
Dolphin announces that 1,559,300 ordinary shares of 5
pence each were placed at 727 pence per share.
Application has been made to the London Stock Exchange
for the listing of the new ordinary shares to be issued
pursuant to the placing and it is expected that dealings
will commence on 7 December 1999. The placing shares
will rank pari passu in all respects with Brewin
Dolphin's existing ordinary share capital.
HSBC Investment Bank, which is regulated in the United
Kingdom by the Securities and Futures Authority Limited,
is acting exclusively for Brewin Dolphin Holdings plc and
for no one else in connection with the placing and as
sponsor in connection with the application for admission
to the official list of the placing shares and will not
be responsible to anyone other than Brewin Dolphin
Holdings plc for providing protections afforded to
customers of HSBC Investment Bank nor for providing
advice in relation to the placing or in relation to the
contents of this press release of any transaction or
arrangement referred to herein.