Director/PDMR Shareholding

St. James's Place plc ("SJP")

SJP was notified on 13 October 2009 that the executive Director and Person Discharging Managerial Responsibility
("PDMR") named below exercised and sold the following shares awarded under the SJP Sharesave Share Option Scheme 2000
(the "Scheme"):

Name of Director        Exercise Date   No of shares              Option Price       Sale price
                                        under option exercised    pence per share   pence per share
                                        and sold
Andrew Croft            13 October 2009 3,831                     244p              273.5p


Name of PDMR            Exercise Date   No of shares              Option price      Sale price
                                        under option exercised    pence per share   pence per share
                                        and sold
Hugh Gladman            13 October 2009 3,831                     244p              273.5p


The above options were granted under the Scheme on 23 March 2006 at an option price of 244p per share and sold at 273.5p
per share on 13 October 2009.  The options became exercisable on 1 May 2009 and in accordance with the Scheme rules,
option holders have six months in which to exercise, or they lose the right to acquire the share options and the share
options lapse.  The right to acquire the share options lapses on 31 October 2009.

The beneficial shareholdings of the Director and PDMR named above in the ordinary shares of SJP after this transaction
are as follows:

Andrew Croft    354,249 ordinary shares
Hugh Gladman    211,815 ordinary shares

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

M Armitage
Deputy Company Secretary
St. James's Place plc
Tel: [phone]