Director Shareholding

Close Brothers Group PLC
06 November 2003


We have been notified that on 5th November, 2003 the Close Brothers Group
Employee Share Trust ("the Trust"), a discretionary trust in which all employees
of the group (including executive directors) are potential beneficiaries,
granted an interest in 40,000, 52,000 and 40,000 shares in Close Brothers Group
plc ("the company") to Messrs. S.R. Hodges, C.D. Keogh and P.L. Winkworth
respectively at nil cost.


The award entitles each of them to call at any time, at their option, half of
these shares, between September, 2004 and September 2010. The remaining half of
the shares awarded may be called at any time, at their option, between September
2005 and September 2010.  These entitlements will lapse if they leave employment 
in certain circumstances prior to 1st August, 2004 and 1st August, 2005 
respectively.  Provision of £931,000 has been made in the 2003 accounts of
the company for these awards.

The beneficial interests in the ordinary share capital of the company of those
directors involved in the share dealings above are summarised as follows:


                         Shareholding        Option holding    Deferred bonus
                             prior to              prior to    award prior to
                        share dealing         share dealing     share dealing

S.R. Hodges            402,260 (0.28%)              580,746            35,463

C.D. Keogh             319,460 (0.22%)              625,622            21,887

P.L. Winkworth         629,765 (0.44%)              667,416            40,000


                         Shareholding        Option holding    Deferred bonus
                                after                 after       award after
                        share dealing         share dealing     share dealing

S.R. Hodges            402,260 (0.28%)              580,746            75,463

C.D. Keogh             319,460 (0.22%)              625,622            73,887

P.L. Winkworth         629,765 (0.44%)              667,416            80,000

The Trust now holds 1,071,180 shares (0.74%) which includes 328,426 shares
under which it has granted deferred bonus awards to executives of the group of
132,000 in 2003 and 196,426 shares in previous years.

The company's mid-market share price on the date of the above share dealings
was  738p.


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