Holding(s) in Company

TR-1: NOTIFICATION OF MAJOR INTEREST 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 tick the appropriate box or boxes):
An acquisition or disposal of voting rights     X
An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already
issued to which voting rights are attached
An acquisition or disposal of instruments with similar economic effect to qualifying
financial instruments   X
An event changing the breakdown of voting rights
Other (please specify): DTR (Disclosure of contracts for difference) 1 June 2009

3. Full name of person(s) subject to the
notification obligation:
BlackRock Inc

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: 11 March 2010

6. Date on which issuer notified: 12 March 2010

7. Threshold(s) that is/are crossed or
reached: Holding has gone below 5%

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     Resulting situation after the triggering transaction
                Number         Number          Number   Number   Number     %of      % of
                of             of              of       of       of         Voting   Voting
                Shares         Voting          Shares   Voting   Voting     Rights   Rights
                               Rights          Direct   Rights   Rights     Direct   Indirect
                                                        Direct   Indirect

GB0007669376    22,652,495     22,652,495       N/A     N/A     13,213,739      N/A     2.74%


B: Qualifying Financial Instruments
Resulting situation after the triggering transaction
Type of financial
instrument      Expiration
date Exercise/
Conversion Period xiv   Number of voting
rights that may be
acquired if the
instrument is
exercised/ converted.   % of voting
rights


C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi
Resulting situation after the triggering transaction
Type of financial    Exercise    Expiration   Exercise/conversion  Number of Voting     % of Voting
instrument           Price       Date         period               Rights instrument    Rights
                                                                   refers to

CFD                  N/A         N/A          N/A                  5,869,593           Nominal  Delta

                                                                                       1.22%    1.22%

Total (A+B+C)
Number of voting rights Percentage of voting rights
19,083,332      3.96%


9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable: xxi

BlackRock Investment Management (UK) Limited - 19,083,332 (3.96%)

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:

15. Contact telephone number:


Note: Annex should only be submitted to the FSA not the issuer
Annex: Notification of major interests in sharesxxii

A: Identity of the persons or legal entity subject to the notification obligation
Full name
(including legal form of legal entities)
        BlackRock Inc
Contact address
(registered office for legal entities)
        33 King William Street, London EC4R 9AS
Phone number & email
        0207 743 5741
Other useful information
(at least legal representative for legal persons)
        Stuart Watchorn

B: Identity of the notifier, if applicable
Full name
        St James's Place plc
Contact address
        1 Tetbury Road, Cirencester, GL7 1FP
Phone number & email
        01285 878158
Other useful information
(e.g. functional relationship with the person or legal entity subject to the notification obligation)   Matt Armitage

C: Additional information

For notes on how to complete form TR-1 please see the FSA website.

End