Director Shareholding

Rathbone Brothers PLC
12 November 2001

On 9 November 2001, ordinary shares of 5p were allotted to Hill Samuel ESOP 
Trustees Limited who are the Trustees of The Rathbone Inland Revenue Approved 
Employee Share Ownership Plan.  The registered holder is Lloyds TSB Registrars 
Corporate Nominee Ltd. A/c AESOPI.  The following directors are beneficial 
owners of the following shares (subject to the terms and conditions of the Plan 
Trust Deed and Rules).

Director         Allot   Total holding following    Total % holding following
                 ment          notification               notification
                         Beneficial  Non-Beneficial Beneficial  Non-Beneficial

M L Ingall       190     168,644     15,000         0.46%       0.04%
R A Morris       190     300,244     14,250         0.83%       0.04%
G M Powell       190     298,166     10,000         0.82%       0.03%
A D Pomfret      190     3,244       0              0.01%       -
R P Lanyon       190     225,321     0              0.62%       -
M W Leather      190     144,337     68,250         0.40%       0.19%
The Viscount 
 Lifford         190     87,250      0              0.24%       -
A T Morris       190     1,244       0              0.00%       -
R I Smeeton      190     120,244     7,925          0.33%       0.02%
W Rathbone       190     7,244       2,650          0.02%       0.01%
J G S Coode-
 Adams           190     3,390       0              0.01%       -
W H Keatley      190     50,244      0              0.14%       -