Clarification re FSA News

Braemar Group PLC
11 September 2006

Braemar Group plc ('the Company')



Clarification re FSA News Release



The directors of Braemar Group plc note the announcement today from the
Financial Services Authority concerning Braemar Financial Planning Limited and
wish to confirm that there is no connection and never has been any connection
between that company and Braemar Group plc and its subsidiaries.



For further information please contact:


Martin Robinson, Chairman, Braemar Group plc                 0161 929 4969
Marc Duschenes, Managing Director, Braemar Group plc         0161 929 4969
Charles Ryland or Isabel Podda, Buchanan                     020 7466 5000

Alex Clarkson, Zeus Capital                                  0161 831 1512






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