CAY.L Regulatory News (CAY)

Charles Stanley Group PLC

25 Luke Street

London

EC2A 4AR

T: 020 7739 8200

F: 020 7739 7798

DX: 123150 BROADGATE-1

www.charlesstanleyplc.co.uk 

INTERIM MANAGEMENT STATEMENT

25 January 2012

QUARTER ENDED 31 DECEMBER 2011

This statement is an Interim Management Statement ("IMS") issued in accordance with the UK Listing Authority's Disclosure and Transparency Rules. It covers the period from 1 October 2011 to 25 January 2012, and includes trading results for the three months ended 31 December 2011.

Charles Stanley Group PLC announces that its third quarter revenues for the three months to 31 December 2011 were £27.3 million (2010/11: £32.3 million). This is a continuation of the trend communicated in the half year statement which set out the downward pressures on revenues, although within this result total fees have increased compared to the same period last year.

Total fees increased by 5.8% to £16.6 million (2010/11: £15.6 million) for the third quarter. Fee income has increased despite the fall in market values since December 2010 reflecting the on-going success in increasing fee income as a proportion of total revenue.

However commission income at £10.6 million (2010/11: £16.6 million) has decreased by £6.0 million compared to the same period last year due to reduced bargain volumes caused by the poor trading environment, Euro uncertainty and depressed UK economy. A continuation of the difficult institutional securities market is also reflected in this result.

Total client funds at £14.48 billion have demonstrated underlying organic growth over the nine months of the financial year to date despite difficult trading conditions, and remain comparable to March 2011 levels (£14.50 billion). Within this result managed funds have been the main driver of organic growth delivering a net increase of 8.6% compared to a market performance of -6.2% in the same period.

Funds under management and administration are analysed below:

Total managed funds increased by 5.0% during the quarter and by 2.4% since the beginning of the financial period. The change since March 2011 is explained in more detail in the table below:

REVENUE

Quarter ended 31 December 2011

Quarter ended 31 December 2010

Nine months ended 31 December 2011

Nine months ended 31 December 2010

For further information please contact:

Charles Stanley Group PLC Canaccord Genuity

James Rawlingson, Director Simon Bridges/Martin Green

Michael Lilwall, Director Phone: 020 7050 6500

Magnus Wheatley, Head of Press & Public Relations

Phone: 020 7149 6273

Email: magnus.wheatley@charles-stanley.co.uk

Notes for editors

Charles Stanley Group PLC has five trading companies, Charles Stanley & Co. Limited, EBS Management PLC, CS Financial Solutions Limited, Garrison Investment Analysis Limited and Jobson James Financial Services Limited

Charles Stanley & Co. Limited provides full-service stockbroking, financial planning and benefit consultancy and small and mid cap advisory and institutional broking.

EBS Management PLC provides specialist pensions administration services. CS Financial Solutions Limited is a specialist provider of corporate employee benefits services. Garrison Investment Analysis Limited markets unit trusts, open-ended investment company units and packaged financial products to private clients, both directly and in wrappers such as ISAs and pensions. Jobson James Financial Services Limited provides wealth management advice and services for both private and corporate clients including pensions and retirement planning.

All five trading companies are regulated by the Financial Services Authority. The Group has 33 offices around the United Kingdom.