Brewin Dolphin Holdings plc will seek shareholder approval for a share repurchase program in the company's Annual General Meeting to be held on February 22, 2013. Under the program, the company will repurchase up to 25,284,375 shares, representing 10% of the issued share capital. The minimum price which may be paid for an ordinary share shall be 1p.

The maximum price which may be paid for an ordinary share shall be the higher of 5% above the average market value of the ordinary shares (as derived from the London Stock Exchange Daily Official List) for the 5 business days prior to the day the purchase is made and the higher of the price of the last independent trade on the trading venues where the purchase is carried out and the highest current independent bid on the trading venues where the purchase is carried out. The company will hold the repurchased shares in treasury. The company is generally and unconditionally authorized to make market purchases as defined in Section 693(4) of the Act.

Unless previously renewed, varied or revoked by the company in a General Meeting, the share repurchase program will expire at the earliest of the conclusion of the next Annual General Meeting in 2014, or on March 31 2014. As of January 4, 2013, the company had 252,843,753 ordinary shares in issue.