Director/PDMR Shareholding

Brewin Dolphin Holdings PLC

("Brewin Dolphin" or the "Company")

DIRECTOR / PDMR Shareholding

20 December 2011

Notification of Transaction of Directors, Persons Discharging Managerial Responsibility or Connected Persons

This notification relates to a transaction notified in accordance with Disclosure Rules 3.1.4R(1)(a).

On 20 December 2011, Brewin Dolphin Holdings PLC (LSE:BRW) received notification that Linda Cartwright, a PDMR, has today exercised 9,680 ordinary shares of 1 pence each ("Ordinary Shares") at a price of 103.3p each pursuant to the Company's Senior Employee Matching Purchase Scheme December 2004 matching options award.

Her resultant holding in Ordinary Shares in the Company is now 64,030 ordinary shares (of which 29,458 are nil paid), representing approximately 0.0259% of the total issued share capital of the Company and the total number of shares over which options are held by her is 59,903.

For further information contact

Judie Howlett

Assistant Company Secretary

Brewin Dolphin Holdings PLC

0845 213 1000