The board of Close Brothers Group plc announces that it has today resolved to allot and issue for cash 6,800,000 ordinary shares of 25p each in Close Brothers Group plc to Scottish Widows Investment Partnership at an issue price of 805p per share.

This issue represents 4.97% of the issued ordinary share capital of the company and the proceeds amount to £54.74 million.

The issue is subject only to the shares being admitted to the Official List of the UKLA and to trading on the London Stock Exchange.

Enquiries to:
Peter Winkworth - Close Brothers Group plc 020 7426 4000