Shearwater Regulatory News (SWG)

Scott Wilson Group PLC ("Scott Wilson" or "the Company")

Rule 2.10 announcement - relevant securities in issue

Further to the announcement by the Company released on 1 July 2010, in accordance with Rule 2.10 of The City Code on Takeovers and Mergers, Scott Wilson confirms that, as at the close of business on 1 July 2010, it has 73,894,003 ordinary shares of 10 pence each in issue excluding shares held in treasury. The International Securities Identification Number for these securities is GB00B0WM2V87.

Rule 19.11 disclosure

In accordance with Rule 19.11 of the Takeover Code, a copy of this announcement will be available on Scott Wilson's website: www.scottwilson.com