3rd Quarter New Business

St. James's Place PLC
01 November 2007




                                 PRESS RELEASE

                                                                 1 November 2007

                              NEW BUSINESS FIGURES
                              FOR THE NINE MONTHS
                              TO 30 SEPTEMBER 2007


St. James's Place plc ('SJP'), the wealth management group, today announces its
new business figures for the nine months ended 30 September 2007.



The text of the announcement is attached:


Enquiries:

Mike Wilson, Chairman             Tel: [phone]

Brunswick                         Tel: [phone]
    Margaret Dinan
    Anita Scott



                      ST. JAMES'S PLACE WEALTH MANAGEMENT
                              NEW BUSINESS FIGURES
                              FOR THE NINE MONTHS
                              TO 30 SEPTEMBER 2007

                           28% GROWTH IN NEW BUSINESS
                      WITH SINGLE PREMIUMS OF £2.5 BILLION


                                Nine months to                          Change
                             30 September 2007


•  New Business*

         Investment             £176.8 million                            +31%
         Pensions               £124.0 million                            +32%
         Protection              £14.6 million                            -13%
                                
         Total                  £315.4 million                            +28%
* see note 1



•  Funds under Management

£17.6 billion, up 14% since the start of the year and up 23% over the previous
twelve months


Mike Wilson, Chairman, commented:

'We are delighted with the continued growth in new business which is up 20% in
the third quarter and 28% for the year to date.

'In addition, growth in the size of the Partnership is particularly pleasing and
we now expect to exceed our stated target of a 5% increase for the full year,
which bodes well for the future.

'Despite uncertain market conditions and a tough new business comparative for
the final quarter of the year, the strong third quarter performance reinforces
our expectation (subject to no major change in circumstances) that new business
growth for the year will be at the top end of our longer term objective of
15-20% growth per annum.

'Last week St. James's Place won The Daily Telegraph Wealth Manager of the Year
Award which is a tribute to the quality of the St. James's Place Partnership.'




                      ST. JAMES'S PLACE WEALTH MANAGEMENT
                              NEW BUSINESS FIGURES
                              FOR THE NINE MONTHS
                              TO 30 SEPTEMBER 2007


                                  NEW BUSINESS


                                              Unaudited                                         Unaudited
                                             3 Months to                                       9 Months to
                                          30 September 2007                                 30 September 2007

New PREMIUMS
                             2007          2006         Change                  2007           2006         Change
                              £'m           £'m              %                   £'m            £'m              %
New Regular
Premiums
     Pensions                15.5          16.6            (7%)                 52.2           47.8             9%
     Protection               4.8           5.2            (8%)                 14.6           16.7           (13%)

                             20.3          21.8            (7%)                 66.8           64.5             4%

New Single
Premiums
     Investment             438.5         338.9            29%               1,219.7          927.7            31%
     Pensions               238.6         187.8            27%                 718.4          461.8            56%

                            677.1         526.7            29%               1,938.1        1,389.5            39%

Unit Trust Sales
(including PEPs and ISAs)   139.3         105.8            32%                 547.8          425.3            29%





                                             Unaudited                                          Unaudited
                                            3 Months to                                        9 Months to
                                         30 September 2007                                  30 September 2007

New Business
(RP + 1/10th SP)             2007          2006         Change                  2007           2006         Change
                              £'m           £'m              %                   £'m            £'m              %

Investment                   57.8          44.5            30%                 176.8          135.3            31%
Pensions                     39.3          35.4            11%                 124.0           94.0            32%
Protection                    4.8           5.2            (8%)                 14.6           16.7           (13%)

Total                       101.9          85.1            20%                 315.4          246.0            28%





                      ST. JAMES'S PLACE WEALTH MANAGEMENT
                              NEW BUSINESS FIGURES
                              FOR THE NINE MONTHS
                              TO 30 SEPTEMBER 2007

                                     Notes


1.  New business is calculated in accordance with the standard industry measure 
    of adding together new regular premiums and one-tenth of single premiums
    and unit trust sales ('APE').

2.  Sales of manufactured business on an APE basis for the nine months were 87% 
    of the total reported (2006: 86%).

    Sales of non-manufactured pensions including stakeholder by St. James's 
    Place Partnership have been included in the reported figures under Pensions.  
    These amount to £15.0 million regular premiums (2006: £12.8 million) and 
    £22.2 million single premiums (2006: £40.4 million) for the nine months to
    30 September 2007.  This equates to £17.2 million new business premiums 
    (2006: £16.8 million).

    Sales of annuities by St. James's Place Partnership have been included in 
    the reported figures under Pensions.  These amount to £61.3 million single 
    premiums for the nine months to 30 September 2007 (2006: £31.8 million) and 
    equate to £6.1 million new business premiums (2006: £3.2 million).

    Sales of protection business by St. James's Place Partnership through a 
    panel of providers have been included in the reported figures under New
    Regular Premiums Protection.  These amount to £8.6 million of new regular
    premiums (2006: £10.5 million) for the nine months to 30 September 2007. 
    This equates to £8.6 million new business premiums (2006: £10.5 million).

    Sales of non-manufactured single premium investment business amounting to 
    £74.2 million have been included in the reported figures under Investments 
    for the nine months to 30 September 2007 (2006: £31.6 million). This equates 
    to £7.4 million new business premiums (2006: £3.2 million).

3.  Gross fees generated from other wealth management services amounted to 
    £25.2 million for the nine months to 30 September 2007 (2006: £24.8 
    million).




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