Result of AGM

St. James's Place Capital PLC
09 May 2006

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

                                 Result of AGM

At SJPC's Annual General Meeting held on 9 May 2006, all the resolutions were
duly passed.  In accordance with paragraph 9.6.2 of the Listing Rules, SJPC has
submitted two copies of the resolutions passed at the meeting (other than
resolutions concerning ordinary business) to the UK Listing Authority.

A further announcement will be released relating to the effective date of change
of Company name once confirmation has been given by the Registrar of Companies.

These documents will shortly be available for inspection at the UK Listing
Authority's Document Viewing Facility, which is situated at:

Financial Services Authority
25 The North Colonnade
Canary Wharf
London
E14 5HS

Tel. No. (0)20 7676 1000

All resolutions proposed at the AGM were carried on a show of hands.  The
audited proxy position at the AGM is set out below.


Resolution                   Description                       For and         Against        Abstain
                                                            discretionary
1             Report and Accounts                               369,711,210       172,194           1,476
2             Dividend                                          369,884,880             0               0
3             Elect John Edwards                                369,593,390       185,527         105,963
4             Elect Mike Power                                  369,717,404       141,961          25,515
5             Elect Roger Walsom                                369,713,210       144,155          27,515
6             Re-elect Ian Gascoigne                            369,425,742       434,223          24,915
7             Re-elect Derek Netherton                          368,762,326       596,215         526,339
8             Directors' Remuneration Report                    368,824,228       285,872         774,780
9             Re-appoint auditors                               369,560,013       288,728          16,139
10            Authority to allot shares                         369,829,615        37,220          18,045
11            Disapplication of pre-emption rights              369,792,869        60,716          31,295
12            Renewal of scrip dividend                         369,867,361        11,798           5,721
13            Authority to purchase own shares                  369,794,110        61,275           7,095
14            Change of Company name                            369,560,442       114,495         187,543
15            Change of articles                                369,618,645        36,401         207,434



Scrip dividend

SJPC also announces that pursuant to the scrip dividend mandate scheme, which
was renewed at the Annual General Meeting held on 9 May 2006, the scrip dividend
alternative in respect of the final dividend for the year ended 31 December 2005
was accepted in respect of 342,791,242 shares, representing approximately 76.1%
of SJPC's issued share capital on the dividend record date of 10 March 2006.
Application will shortly be made to the UK Listing Authority and the London
Stock Exchange for 2,071,983 additional ordinary shares of 15p each to be
admitted to the Official List and to trading.  It is expected that such listing
will become effective and that dealings in the additional shares will commence
on 17 May 2006.    The above shares will rank pari passu in all respects with
the existing issued ordinary shares in SJPC.


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