Holding in Company

St. James's Place Capital PLC
1 September 2000


St. James's Place Capital plc ('SJPC')
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Holdings in Company

SJPC was informed on 31 August 2000 that CGNU plc has an interest in
12,803,967 ordinary shares of 15p each (representing 3.02% of SJPC's issued
share capital).

The shares are registered as follows:

Registered Holder                            Current Holding       
              
CUIM Nominee Limited                            1,149,262       
London & Edinburgh Insurance Company Limited       10,500       
Norwich Union Insurance Limited                   700,000       
Norwich Union Life & Pensions Limited           7,944,205       
Norwich Union Pensions Management Limited       3,000,000       
              
                                               12,803,967       3.02%