Director Shareholding

St. James's Place Capital PLC
28 July 2005

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



Michael Wilson, Chairman and Director of SJPC, has today notified SJPC that he
sold on 27 July 2005 1.5 million ordinary SJPC shares of 15p at a price of £2.35
per share.



As a result of the above sale, Michael Wilson's interests in ordinary shares of
SJPC are as follows:


Beneficial:                      3,625,584
Non-beneficial:                    750,000



together representing 0.99% of SJPC's issued share capital.



Mr Wilson's interests in options to subscribe for SJPC ordinary shares are
unchanged.



Mr Wilson commented on the sale of part of his beneficial holding as follows:



'My sale of 1.5 million shares is for personal reasons, in part to fund a clean
break settlement with my ex-wife.  I am committed to retaining my remaining
beneficial shareholding of 3.6 million shares as a long term investment.'



Enquiries:     Nitya Bolam, Brunswick           Tel: [phone]




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