Holding(s) in Company

Secure Trust Banking Group PLC
17 January 2003


                  DEALINGS BY SUBSTANTIAL SHAREHOLDERS


1)   NAME OF COMPANY

     SECURE TRUST BANKING GROUP PLC

2)   NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

     THE THROGMORTON TRUST 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.

     HSBC GLOBAL CUSTODY NOMINEE (UK) LTD. A/C 811664

5)   Number of shares/amount of stock acquired.

      -

6)   (N/A%) of issued Class


7)   Number of shares/amount of stock disposed

     117,034

8)   (0.88%) of issued Class

9)   Class of security

     ORDINARY 1P SHARES

10)  Date of transaction

     16 JANUARY 2003

11)  Date company informed

     17 JANUARY 2003

12)  Total holding following this notification

     500,000
               
13)  Total percentage holding of issued class following this notification

     3.76%

14)  Any additional information



15)  Name of contact and telephone number for queries

     S J LOCKLEY - FINANCE DIRECTOR
     020 7600 4022

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

     Date of Notification ..... 17 JANUARY 2003


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