Annual Financial Report

Annual Financial Report

St. James's Place

St. James’s Place Plc (“SJP”)

Annual Financial Report

SJP announces that its 2011 Annual Report and Accounts and Notice of Annual General Meeting and Form of Proxy have today been sent to shareholders. The SJP Annual General Meeting will be held at 11am on Tuesday, 8 May 2012 at The Royal Aeronautical Society, 4 Hamilton Place, London, W1J 7BQ.

In compliance with Listing Rule 9.6.1, SJP has today submitted the following documents to the UK Listing Authority via the National Storage Mechanism. The documents will shortly be available for inspection at www.hemscott.com/nsm.do

• Annual Report and Accounts 2011;
• The Notice of Annual General Meeting to be held on 8 May 2012; and
• Form of Proxy

The 2011 Annual Report and Notice of Annual General Meeting can be downloaded from the corporate website at www.sjp.co.uk.

SJP announced its Annual Results for the year ended 31 December 2011 on 22 February 2012. The following additional regulated information, in relation to the Annual Report and Accounts, is provided in full and unedited text as required to be made public in accordance with Rule 6.3.5 of the Disclosure and Transparency Rules of the UK Financial Services Authority. This announcement should be read in conjunction with SJP’s Annual Results Announcement issued on 22 February 2012 and is not a substitute for reading the full 2011 Annual Report and Accounts.

The responsibility statement below is set out in the 2011 Annual Report and Accounts.

The following statement is repeated here solely for the purpose of complying with DTR 6.3.5. This statement relates to and is extracted from page 65 of the 2011 Annual Report. Responsibility is for the full 2011 Annual Report and not the information presented in this announcement or the Annual Results Announcement issued on 22 February 2012.

The Directors are responsible for preparing the Annual Report, the Directors’ Remuneration Report and the financial statements in accordance with applicable law and regulations.

Company law requires the Directors to prepare financial statements for each financial year. Under that law the Directors have prepared the Group financial statements in accordance with International Financial Reporting Standards (IFRSs) as adopted by the European Union, and the Parent Company financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (‘United Kingdom Accounting Standards and applicable law’). Under company law the Directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the Group and the Company and of the profit or loss of the Group for that period. In preparing these financial statements, the Directors are required to:

• select suitable accounting policies and then apply them consistently;
• make judgements and accounting estimates that are reasonable and prudent;
• state whether IFRSs as adopted by the European Union and applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the Group and Parent Company financial statements respectively; and
• prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Company will continue in business.

The Directors are responsible for keeping adequate accounting records that are sufficient to show and explain the Company’s transactions and disclose with reasonable accuracy at any time the financial position of the Company and the Group and enable them to ensure that the financial statements and the Directors’ Remuneration Report comply with the Companies Act 2006 and, as regards the Group financial statements, Article 4 of the IAS Regulation. They are also responsible for safeguarding the assets of the Company and the Group and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

For further information please contact:

Jayne Meacham
Deputy Company Secretary
Tel: [phone]
4 April 2012

END