Directorate Change

Close Brothers Group PLC
24 September 2007





                            CLOSE BROTHERS GROUP plc


                                 BOARD CHANGES


                               24 SEPTEMBER 2007



The board of Close Brothers Group plc today announces the following board
changes:


Executive directors


Peter Winkworth will be stepping down as a director on 28th September 2007. A
tribute from the board has been included in the preliminary announcement of
results released today.


Michael Hines will be retiring as a director at the end of the current financial
year


Non-executive directors


Peter Buckley, who has been a non-executive director for twelve years, will be
retiring from the board before the end of the calendar year 2007. A tribute from
the board has been included in the preliminary announcement of results released
today.


Jamie Cayzer-Colvin is expected to be appointed a non-executive director when
Peter Buckley retires. Jamie is an executive director of Caledonia Investments
plc, our largest shareholder, and will therefore not be regarded as an
independent director for the purposes of the Combined Code.


James Williams, who has been a non-executive director for three years, will be
retiring from the board at the forthcoming Annual General Meeting.



Enquiries:

Colin Keogh                Chief Executive              020 7655 3100

Emma Burdett               Maitland                     020 7379 5151

Anthony Silverman          Maitland                     020 7379 5151


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