Daniel Stewart is pleased to announce that on 5 March 2009 the Company signed a definitive agreement for the distribution of its research into the United States with its US Partner Sanders Morris Harris.

This agreement will be supported by the sales team of Sanders Morris Harris, any resulting trades executed being shared as to income between Daniel Stewart and Sanders Morris Harris.

Peter Shea, Chief Executive Officer of Daniel Stewart said:

"This agreement provides us with enhanced distribution capabilities in a period where liquidity is difficult. We are certain that this service will be beneficial to many of our clients. The signing of this agreement is further confirmation of the outstanding quality of our research product. This agreement follows on from a growing partnership between the two firms over the last three years. During that time we have jointly completed a number of cross border M & A transactions. We are sure that the combination of our two firms will be attractive to UK companies wishing to access the US market."

Sanders Morris Harris, headquartered in Houston, has a substantial presence in New York as well as offices throughout the United States. The business consists of two divisions; Investment Banking, with concentration on Energy and Healthcare, and Asset Management, with in excess of $11 billion under management.


For further information, please contact:

Peter Shea, Chief Executive Officer
Daniel Stewart & Company plc   Tel: + 44 (0) 20 7776 6550
www.danielstewart.co.uk