Holding(s) in Company

Close Brothers Group PLC
23 April 2002

                                  SCHEDULE 10

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES

1. Name of company

CLOSE BROTHERS GROUP plc

2. Name of shareholder having a major interest

Lloyds TSB Group plc

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

Scottish Widows Investment Partnership Limited

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

State Street Nominees Limited

5. Number of shares / amount of stock acquired

4,601,207

6. Percentage of issued class

3.2%

7. Number of shares / amount of stock disposed

None

8. Percentage of issued class

N/A

9. Class of security

Ordinary shares of 25p each

10. Date of transaction

22 April 2002

11. Date company informed

23 April 2002

12. Total holding following this notification

4,601,207

13. Total percentage holding of issued class following this notification

3.2%

14. Any additional information

This purchase of ordinary shares of 25p each is part of a placing of 6,800,000 
ordinary shares to Scottish Widows Investment Partnership on 22 April 2002.

15. Name of contact and telephone number for queries

R.D. Sellers        020 7655 3100

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

R.D. Sellers

Date of notification

23 April 2002.

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