Holding(s) in Company

TR-1: NOTIFICATION OF MAJOR INTERESTS IN SHARES

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are
   attached:
   St James's Place plc

2. Reason for the notification (please place an X inside the appropriate bracket/s):

   An acquisition or disposal of voting rights (X):

   An acquisition or disposal of financial instruments which may result in the acquisition of shares
   already issued to which voting rights are attached:

   An event changing the breakdown of voting rights:

   Other (please specify):


3. Full name of person(s) subject to the notification obligation:
   Newton Investment Management Limited

4. Full name of shareholder(s) (if different from 3.):

5. Date of the transaction (and date on which the threshold is crossed or reached if different):
   16 September 2008

6. Date on which issuer notified:
   17 September 2008

7. Threshold(s) that is/are crossed or reached:
   Decreased from 4.00% to 3.99%

8. Notified details:

A: Voting rights attached to shares

Class/type of shares if
possible using the ISIN CODE    Situation previous to the Triggering transaction

                              Number of shares          Number of Voting Rights
GB000766937                   19,146,116                4.00%

Resulting situation after the triggering transaction

Class/type of shares if       Number of share    Number of voting rights        % of voting rights
possible using the ISIN CODE
                              Direct             Direct        Indirect         Direct     Indirect
Ordinary 15p                  N/A                N/A           19,121,165       N/A        3.99%

B: Financial Instruments
Resulting situation after the triggering transaction

Type of        Expiration Date      Exercise/Conversion      Number of voting rights   % of voting rights
financial                           Period/Date              that may be acquired if
instrument                                                   the instrument is
                                                             exercised/converted.

Total (A+B)
Number of voting rights    % of voting rights

19,121,165                 3.99%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are
   effectively held, if applicable:
   Newton Investment Management Limited holds these shares as a discretionary Investment Manager.

Proxy Voting:

10. Name of the proxy holder:

11. Number of voting rights proxy holder will cease to hold:

12. Date on which proxy holder will cease to hold voting rights:

13. Additional information:

14. Contact name:
    Matt Armitage

15. Contact telephone number:
    01285 878158