Scrip Dividend Scheme Share Price

Charles Stanley Group PLC

10 February 2010



CHARLES STANLEY GROUP PLC (the "Company")

SCRIP DIVIDEND SCHEME SHARE PRICE

In relation to the second interim dividend to be paid on 25 March 2010, the price of a new ordinary share under the Company's scrip dividend alternative has been set at 245p. This is the average of the Company's middle market closing price for the five consecutive dealing days commencing on the ex-dividend date of 3 February 2010.

Non-CREST shareholders who have not already elected to participate in the scrip dividend scheme may complete a mandate form to elect to receive the interim dividend and any and all future dividends in new ordinary shares. The mandate form is contained in the scrip dividend documentation being posted to shareholders on 12 February 2010. The completed mandate form should be returned to the Company's Registrar at the address below by no later than 5.00pm on 26 February 2010. Non-CREST shareholders who have previously elected to participate in the scrip scheme need take no further action if they wish to continue to participate.

Shareholders who hold their shares in CREST and wish to elect to participate must do so by means of CREST procedures.

Please direct any enquiries to:

Capita Registrars

New Issues Department

The Registry

34 Beckenham Road

Beckenham

Kent BR3 4TU

Tel: 0871 664 0300

Gary Teper

Secretary