Proposed Sale of Charles Stanley Securities

Charles Stanley Group PLC

Proposed Sale of Charles Stanley Securities Division

Further to the announcement made on 10 March 2015 concerning a possible disposal of aspects of its Charles Stanley Securities Division ("CSS"), Charles Stanley Group PLC (the "Company") announces a further update in respect of the progress of the transaction.

The Company has entered into an exclusive Heads of Terms agreement with Panmure Gordon (UK) Limited in relation to the disposal of CSS (excluding its Equity Sales Trading Operations). At this stage no assurance can be given that the planned disposal will proceed.

The Company will make a further announcement in due course.

Julie Ung

Company Secretary

06 May 2015

For further information, please contact:

Mike Lilwall, Director

Phone: 020 7149 6244

Email: [email protected]

Enquiries: Magnus Wheatley, Head of Communications

Phone: 020 7149 6273

Email: [email protected]