Change of CEO

CHARLES STANLEY GROUP PLC ("CHARLES STANLEY")

FORTHCOMING BOARD CHANGE

Charles Stanley announces the following impending change in its board.

On 1st January 2014 the latest Capital Requirements Directive of the European Union ("CRD IV") came into effect. Whilst principally focused on setting appropriate levels of capital for investment firms, CRD IV also includes regulations on board composition and, in particular, a requirement for separating the roles of chairman and chief executive.

Sir David Howard has held the position of managing partner of the predecessor partnership Charles Stanley & Co since 1972 and of group chief executive of Charles Stanley since the firm was incorporated in 1988. He has combined this with the role of group chairman since 1999.

Sir David (who is aged 68) has informed the board that in the light of CRD IV he wishes to relinquish the position of chief executive but is willing to continue as non-executive chairman. Accordingly, the group's nomination committee, comprising its two independent non-executive directors, has been tasked with the process of identifying Sir David's successor as chief executive. Consultants have been appointed to work with the nomination committee on this assignment and a further announcement will therefore be made when the board is in a position to do so.

In the interim, Sir David will continue to discharge his executive responsibilities until an orderly hand over occurs.

25 September 2014

Enquiries:

Charles Stanley Group

Magnus Wheatley +44 (0)20 7149 6273

Head of Press & Public Relations

Canaccord Genuity

Martin Green +44 (0)20 7523 8000