Scrip Dividend

St. James's Place Capital PLC
01 September 2005



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

Scrip dividend: interim dividend


SJPC announces that pursuant to the scrip dividend mandate scheme that was
renewed at the Annual General Meeting held on 12 May 2005, the scrip dividend
alternative in respect of the interim dividend for the year ending 31 December
2005 was accepted in respect of 320,470,756 shares, representing approximately
72% of SJPC's issued share capital on the interim dividend record date of 5
August 2005.    Application will shortly be made to the UK Listing Authority and
the London Stock Exchange for 1,692,163 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 19 September 2005.    The above shares will rank pari passu in all
respects with the existing issued ordinary shares in SJPC.


                      This information is provided by RNS
            The company news service from the London Stock Exchange