Director Shareholding

St. James's Place Capital PLC
25 February 2003


Mr Charles Bailey, non-Executive Director of St. James's Place Capital plc 
('SJPC') has today notified SJPC that he purchased 12,000 SJPC ordinary shares 
of 15p each at a price of 83.5p each on 24 February 2003.

Following the above transaction, Mr Bailey's interests in ordinary shares of
SJPC are as follows:

Beneficial:     14,490
Non-beneficial: 0

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