Director/PDMR Shareholding

Director/PDMR Shareholding

St. James's Place

St. James’s Place plc (“SJP”)

SJP was notified on 3 May 2012 of the following changes in SJP shares held by the executive Directors and Persons Discharging Managerial Responsibility (“PDMRs”) named below.

Exercise of share options held under the SJP SAYE Share Option Scheme 2000 ("SAYE")

On 3 May 2012, the Directors and PDMRs named below notified SJP that on 3 May 2012 they each exercised an option to acquire 6,100 ordinary 15p shares in SJP under the SAYE with an exercise price of 150 pence per share and as a result, each acquired on exercise 6,100 ordinary SJP shares:

Name of Director	Â	Name of PDMR
		Â
David Bellamy		Adrian Batchelor
Andrew Croft		Michael Blunt
Ian Gascoigne		Tony Dunk
David Lamb		Peter Edwards
		Hugh Gladman
		Mike Gravestock
		Sonia Gravestock
		Ian MacKenzie

The PDMRs named below and their Connected Persons, where indicated, subsequently sold the number of ordinary SJP shares listed in the table below on 3 May 2012 at a price of 332.3184 pence per ordinary share:

Name of PDMR	Â	Number of shares sold at 332.3184 pence per ordinary share:
		Â
Adrian Batchelor		6,100 (5,834 shares sold by PDMR, 266 shares transferred to Connected Person and subsequently sold)
Michael Blunt		6,100
Peter Edwards		6,100
Ian MacKenzie		6,100 (266 shares sold by PDMR, 5,834 shares transferred to Connected Person and subsequently sold)

The table below sets out the current holdings of the said Directors/PDMRs in SJP ordinary 15p shares after the above transactions:

Name of Director	Â	Number of SJP Shares Held
		Â
David Bellamy		1,346,608
Andrew Croft		715,298
Ian Gascoigne		688,515
David Lamb		428,141
Name of PDMR
		Â
Adrian Batchelor		283,009
Michael Blunt		163,159
Tony Dunk		381,912
Peter Edwards		121,544
Hugh Gladman		253,273
Mike Gravestock		427,961
Sonia Gravestock		427,961
Ian MacKenzie		52,757

(i) The interests of the Directors and PDMRs include those of their Connected Persons as defined in section 96B(2) of the Financial Services and Markets Act.

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

With the exception of the changes notified in this announcement, the Directors/PDMRs holdings of SJP shares are unchanged.

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

End