Director/PDMR Shareholding

Director/PDMR Shareholding

St. James's Place

St. James’s Place plc (“SJP”)

SJP announces the following changes in SJP shares held by the Directors and Persons Discharging Managerial Responsibility (“PDMRs”) named below.

Acquisition of shares by non-executive Director

On 16 May 2012 Vivian Bazalgette, a non-executive Director of SJP, notified SJP that he acquired, jointly with a connected person, 10,000 ordinary shares of 15 pence in SJP on 16 May 2012 at a price of £3.085 per share.

Allotments under Dividend Reinvestment Plan (DRP)

SJP received notification on 17 May 2012 that PDMRs Peter Edwards and Chris Ralph had received 1,262 and 284 ordinary shares of 15 pence in SJP respectively as participants in the SJP Dividend Reinvestment Plan in lieu of the final dividend paid on 16 May 2012.

The shares were purchased on 16 May 2012 (with a settlement date of 21 May 2012) at an average price of £3.12 per share.

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

Name of Director	Â	Number of SJP Shares Held
		Â
Vivian Bazalgette		20,000

Name of PDMR	Â	Number of SJP Shares Held
		Â
Peter Edwards		122,806
Chris Ralph		18,979

(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