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):
   10 September 2008

6. Date on which issuer notified:
   12 September 2008

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

8. Notified details:
   Purchase of 16,534 shares

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                    19,129,582                 3.99%

Resulting situation after the triggering transaction

Class/type of shares if
possible using the ISIN CODE   Number of shares           Number of voting rights    % of voting rights

                               Direct                     Direct      Indirect       Direct    Indirect
Ordinary 15p                   N/A                        N/A         19,146,116     N/A       4.00%


B: Financial Instruments
Resulting situation after the triggering transaction

Type of       Expiration Date         Exercise/Converstion   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

19,146,116                 4.00%


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