Holding in Company

Close Brothers Group PLC
23 March 2001

                                 SCHEDULE 10

                  NOTIFICATION OF MAJOR INTERESTS IN SHARES


1)   Name of company

Close Brothers Group plc

2)   Name of shareholder having a major interest

Standard Life Group

3)   Please state whether notification indicates that it is in respect of
     holding of the shareholder named in 2 above or in respect of a
     non-beneficial interest or in the case of an individual holder if it is a
     holding of that person's spouse or children under the age of 18



SHAREHOLDER NAMED IN 2

4)   Name of the registered holder(s) and, if more than one holder, the
     number of shares held by each of them

Stanlife Nominees Limited

5)   Number of shares/amount of stock acquired

N/A

6)   Percentage of issued class

N/A

7)   Number of shares/amount of stock disposed

95,226

8)   Percentage of issued class

0.07

9)   Class of security

Ordinary shares of 25p each

10)  Date of transaction

22nd March 2001

11)  Date company informed

23rd March 2001

12)  Total holding following this notification

5,371,194


13)  Total percentage holding of issued class following this notification

3.95%

14)  Any additional information



15)  Name of contact and telephone number for queries

ROBIN SELLERS 020 7655 3100

16)        Name and signature of authorised company official responsible for
     making this notification

ROBIN SELLERS



     Date of notification    23rd March 2001