Holding in Company

Secure Trust Banking Group PLC
7 January 2002


                  DEALINGS BY SUBSTANTIAL SHAREHOLDERS


1)   NAME OF COMPANY

     SECURE TRUST BANKING GROUP PLC

2)   NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

     PRUDENTIAL PLC

3)   Please state whether notification indicates that it is in respect of 
     holding of the Shareholder named in 2 above or in respect of a 
     non-beneficial interest or in the case of an individual holder if it is a
     holding of that person's spouse or children under the age of 18

     AS 2 ABOVE

4)   Name of the registered holder(s) and, if more than one holder, the 
     number of shares held by each of them.

     PRUDENTIAL CLIENT HSBC
     GIS NOMINEE (UK) LIMITED
     PAC ACCOUNT 900,000
     PHL ACCOUNT 100,000

5)   Number of shares/amount of stock acquired.



6)   ( N/A %) of issued Class

7)   Number of shares/amount of stock disposed

     100,000

8)   (0.72%) of issued Class

9)   Class of security

     ORDINARY 1P SHARES

10)  Date of transaction

     4 JANUARY 2002

11)  Date company informed

     7 JANUARY 2002

12)  Total holding following this notification

     1,000,000
               
13)  Total percentage holding of issued class following this notification

     7.26

14)  Any additional information



15)  Name of contact and telephone number for queries

     J.R. KAYE - SECRETARY
     020 7600 3831

16)  Name and signature of authorised company official responsible for 
     making this notification

     Date of Notification ....7 JANUARY 2002...