Scrip Dividend Scheme Share Price

Charles Stanley Group PLC

23 June 2010

CHARLES STANLEY GROUP PLC ("COMPANY")

SCRIP DIVIDEND SCHEME SHARE PRICE

As announced on 8 June 2010, 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 year ended 31 March 2010, the price of a new ordinary share under the scrip dividend alternative has been set at 194.85 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 16 June 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 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 28 June 2010. The completed mandate form should be returned to the Company's Registrar at the address below by no later than 5.00pm on 16 July 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