Admission to AIM

Brooks Macdonald Group PLC
11 March 2005


Not for release in or into the United States of America, Canada, Japan,
Australia, South Africa or the Republic of Ireland.


For immediate release                                      11 March 2005


Brooks Macdonald Group PLC (the  'Company' or the 'Group')


Admission to AiM and Placing of 2,959,800 ordinary shares of 1p each ('Ordinary
Shares') at 140p per share


The Directors announce today the admission of the Company's Shares to trading on
the Alternative Investment Market of the London Stock Exchange ('AiM') and the
raising of £1.75 million (before expenses) through the issue of 1,250,000 new
Ordinary Shares at 140p per share.


Introduction


Brooks Macdonald is an integrated private client discretionary asset management
and financial advisory group. The Group has two operating divisions: Asset
Management and Financial Consulting. Asset Management provides discretionary
portfolio management to private clients, charities, self invested personal
pensions and trusts whereas Financial Consulting provides a comprehensive, fee
based financial management service across a range of clients.


The Directors believe that the Group's flotation on AiM will provide an
opportunity to raise the Group's profile, incentivise and retain key staff who
were not founders of the Group and help to attract and incentivise new
employees, who can themselves assist in the Group's development.


Asset Management


Asset Management is an independent asset management business providing
discretionary portfolio management for private clients, self invested personal
pensions, trusts and charities. As at 1 January 2005, Asset Management had funds
under management of approximately £371 million. It accounts for approximately 65
per cent. of Group turnover and represents the core focus area for the
development and growth of the Group.


Financial Consulting


Financial Consulting, the financial consulting arm of the Group, provides
independent financial advice to high net worth individuals, families and
business entities on a long-term basis, frequently working in tandem with Asset
Management.


Details of the Placing


Collins Stewart Limited ('Collins Stewart') has placed with a range of
institutional investors:


1,250,000 new Ordinary Shares; and
1,709,800 existing Ordinary Shares,


in each case at 140 pence per share.



Lock-in Arrangements



Each of the Executive Directors and other Selling Shareholders have entered into
lock-in arrangements with Collins Stewart as part of a placing agreement. Under
these arrangements, subject to certain exceptions, they have undertaken not to
dispose of any Ordinary Shares (and to use their reasonable endeavours to
procure that none of their related parties dispose of any Ordinary Shares) until
such date as the Company announces its preliminary results for the year ending
30 June 2006 and have also agreed to an orderly market provision for the 6
months following the end of the lock-in arrangements.



Enquiries:



Simon Jackson                              020 7499 6424
Brooks Macdonald Group PLC


Paul Richards                              020 7523 8350
Collins Stewart Limited


Collins Stewart, which is authorised and regulated by the Financial Services
Authority in respect of regulated activities, is acting as nominated adviser and
broker to the Company in connection with its application to AiM.  Collins
Stewart will not be responsible to any other person for providing the
protections afforded to customers of Collins Stewart or for providing advice in
relation to the proposed application.



The Directors of the Company accept responsibility for the contents of this
announcement which has been approved by Collins Stewart (whose principal office
is at 88 Wood Lane, London EC2V 7QR) solely for the purposes of Section 21 of
the Financial Services and Markets Act 2000.



To the best of the knowledge and belief of the Directors, who have taken all
reasonable care to ensure that such is the case, the information contained in
this announcement is in accordance with the facts, and this announcement makes
no omission likely to affect the import of such information.



No offer or invitations to acquire shares in the Company is being made by or in
connection with this announcement.  Any such offer has been made solely by means
of a prospectus published by the Company on 2 March 2005.



Copies of the admission document will be available during normal business hours
on any weekday (Saturday and public holidays excepted) at the offices of
Macfarlanes, 10 Norwich Street, London, EC4A 1BD, for one month from the date of
this announcement.




                      This information is provided by RNS
            The company news service from the London Stock Exchange