Director/PDMR Shareholding

Director/PDMR Shareholding

St. James's Place

St. James’s Place plc (“SJP”)

SJP was notified on 9 November 2012 of the following changes in the holding of SJP ordinary shares held by the Person Discharging Managerial Responsibility (“PDMR”) named below.

Exercise of Awards under the SJP Performance Share Plan 2005 (“PSP”)

The PDMR listed below exercised nil cost options under the PSP on 9 November 2012 and acquired the number of SJP ordinary shares set out in column 1 of the table below. The exercise of the nil cost options follows the satisfaction of prescribed performance targets over a three-year period. Column 2 sets out the number of SJP shares sold on 9 November 2012 at 386.26 pence per share to meet the cost of income tax and national insurance costs payable on the exercise of the award. Column 3 sets out the additional number of SJP shares sold at 386.26 pence per share. Column 4 sets out the number of shares retained by the PDMR as a result of this exercise.

Â	Â	1	Â	2	Â	3	Â	4
Name of PDMR		Number of SJP shares acquired on exercise		Number of SJP shares sold to meet tax liability		Number of additional SJP shares sold		Number of SJP shares retained
Chris Ralph		18,864		9,810		7,436		1,618

Following the above transaction, Chris Ralph holds 20,597 SJP ordinary shares.

(i) The interests of the PDMR includes those of his Connected Persons as defined in section 96B(2) of the Financial Services and Markets Act.

(ii) The interests of the PDMR set out above include deferred bonus scheme awards held in trust for PDMRs which have not yet vested and are subject to forfeiture.

This notification is made in accordance with Disclosure and Transparency Rule 3.1.4R(1)(a).

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