The shareholders of Brooks Macdonald Group Plc (AIM:BRK) authorized a share repurchase program at its Annual General Meeting on October 19, 2012. Under the program, Brooks Macdonald will repurchase up to 1,000,000 shares, representing 10% of the issued share capital. Brooks Macdonald is generally and unconditionally authorized to make market purchases as defined in Section 693(4) of the Companies Act 2006.

The minimum price which may be paid for each ordinary share will not be less than £0.01, the nominal value of each ordinary share and the maximum price which may be paid for each ordinary share will not be more than 5% above the average middle market quotations for the ordinary shares taken from the Daily Official List of the London Stock Exchange for the five business days immediately before the date of purchase. The share repurchase program will expire at the earliest of the conclusion of the next Annual General Meeting in 2013, or after 15 months from this repurchase program.