Scrip Dividend Scheme Share Price

Charles Stanley Group PLC

22 June 2011

CHARLES STANLEY GROUP PLC ("COMPANY")

FINAL SCRIP DIVIDEND SCHEME SHARE PRICE

As announced on 7 June 2011, the Company intends to offer shareholders the opportunity to take new ordinary shares, credited as fully paid, in lieu of cash dividends, by participating in a scrip dividend scheme.

In relation to the final dividend for the period ended 31 March 2011, the price of a new ordinary share under the scrip dividend alternative has been set at 329.78 pence. 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 15 June 2011.

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 final 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 27 June 2011. The completed mandate form should be returned to the Company's Registrar at the address below by no later than 5.00pm on 15 July 2011.

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.

The Scrip Dividend Scheme documentation will be available to view at the Company's website www.charlesstanleyplc.co.uk and the National Storage Mechanism at www.hemscott.com/nsm.do after the 28th June 2011.

Please direct any enquiries to:

Capita Registrars

CAG 1

34 Beckenham Road

Beckenham

Kent BR3 4WX

Tel: 0871 664 0300

Gary Teper

Secretary