Director/PDMR Shareholding

Director/PDMR Shareholding

St. James's Place

St. James’s Place plc (“SJP”)

SJP was notified on 18 March 2014 of the following changes in SJP shares held by the executive Directors and Persons Discharging Managerial Responsibility (“PDMRs”) named below.

Deferred Bonus Scheme

As previously notified the trustees of SJP's Deferred Bonus Scheme transferred SJP shares to the executive Directors and PDMRs named below on 15 March 2011 relating to bonuses earned in respect of the 2010 financial year and which were invested in SJP shares and held in trust subject to forfeiture for a period of three years. On 17 March 2014 the shares became no longer subject to forfeiture and income tax and National Insurance liabilities became payable. In order to settle the tax liability, the Directors and PDMRs sold the number of shares in column 2 of the table below on 17 March 2014 at a price of 830.1403 pence per share. Column 3 sets out the additional number of SJP shares sold at 830.1403 pence per share. Column 4 sets out the number of shares retained by each Director/PDMR as a result of this exercise.

Â	Â	1	Â	2	Â	3	Â	4
Name of Director		Number of SJP shares no longer subject to forfeiture		Number of shares sold to meet tax liability		Number of additional shares sold		Number of SJP shares retained
David Bellamy		77,558		36,544		-		41,014
Andrew Croft		58,397		27,446		15,510		15,441
Ian Gascoigne		58,397		27,446		30,951		-
David Lamb		58,397		27,446		30,951		-

Â	Â	1	Â	2	Â	3	Â	4
Name of PDMR		Number of SJP shares no longer subject to forfeiture		Number of shares sold to meet tax liability		Number of additional shares sold		Number of SJP shares retained
Tony Dunk		28,286		13,294		7,513		7,479
Bill Tonks		31,936		15,010		16,926		-

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		1,257,914
Andrew Croft		760,782
Ian Gascoigne		634,866
David Lamb		356,606

Name of PDMR	Â
		Â
Tony Dunk		384,302
Bill Tonks		134,415

(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 not yet vested and awards under the Share Incentive Plan.

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