Director Shareholding

Close Brothers Group PLC
29 September 2000


CLOSE BROTHERS GROUP plc ('CBG') ANNOUNCES THAT, ON 28 SEPTEMBER 2000, MR P L
WINKWORTH, A DIRECTOR OF CBG, SOLD 150,000 SHARES IN CBG, AT A PRICE OF 1225P
PER SHARE, ARISING FROM HIS EXERCISE AT A PRICE OF 153.4P PER SHARE, OF
OPTIONS OVER 200,000 CBG SHARES HELD BY CALEDONIA FINANCIAL LIMITED, A
WHOLLY-OWNED SUBSISDIARY OF CALEDONIA INVESTMENTS PLC.  THE SHARES SOLD WERE
REPURCHASED BY CALEDONIA FINANCIAL LIMITED.

AS A RESULT OF THESE TRANSACTIONS, MR P L WINKWORTH'S HOLDING IN CBG INCREASED
BY 50,000 SHARES TO 562,061 SHARES, REPERESENTING 0.416% OF THE ISSUED SHARE
CAPITAL.