RNS Number:

Collins Stewart plc

22 December 2006

Collins Stewart plc

Acquisition of Hawkpoint Completed

Board Appointment

Collins Stewart plc ("Collins Stewart") today announces that it has acquired the entire issued share capital of Hawkpoint Holdings Limited, the parent company of Hawkpoint Partners Limited ("Hawkpoint"), one of the leading independent corporate finance advisory firms in the UK.

As part of the consideration for the acquisition approximately 35 million new Collins Stewart ordinary shares, representing approximately 14 per cent. of the enlarged share capital of Collins Stewart, have been issued to the vendors of Hawkpoint today.

Paul Baines, Chief Executive and Managing Partner of Hawkpoint, has today been appointed to the Board of Collins Stewart. There are no other disclosures required under rule 9.6.13 of the Listing Rules of the Financial Services Authority in connection with Paul Baines' appointment.

Enquiries: Collins Stewart plc

Nigel Szembel, Head of Communications 0044 7802 362088