Director Shareholding

St. James's Place Capital PLC
18 March 2002


St. James's Place Capital plc ('SJPC')



SJPC was today notified of the acquisition, on 15 March 2002, of 325,000
ordinary shares of 15p in SJPC, at a price of 277.15p per share, by S G Hambros
Trust Company (Guernsey) Limited.  S G Hambros Trust Company (Guernsey) Limited
is trustee of the SJPC Employees Share Trust, the potential beneficiaries of
which include executive directors and employees of the SJPC Group.



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