Directorate Change

St. James's Place Capital PLC
23 February 2004

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

Re: Directorate

SJPC announces that Mario d'Urso resigned as a non-executive Director of SJPC on
20 February 2004.  The Directors of SJPC would like to thank Mario for his
valuable contribution to SJPC since his appointment as a non-executive Director
in 1998.
                      This information is provided by RNS
            The company news service from the London Stock Exchange