Director Shareholding

St. James's Place Capital PLC
29 March 2001

Mr Martin Moule, executive director of SJPC, today notified the Company that
he was granted options on 27 March 2001 under the SJPC Sharesave Share Option
Scheme to acquire 2,299 ordinary shares of 15p each in SJPC at an exercise
price of 337p per share, first exercisable between 1 May 2004 and 31 October
2004.



With the exception of the changes notified above, Mr Moule's interests in
ordinary shares of SJPC are unchanged.