Director/PDMR Shareholding

St. James's Place plc ("SJP")

SJP  has  been  notified that the following Director and  PDMRs  exercised  and
retained shares granted under the SJP Sharesave Share Option Scheme 2000 on  the
dates below.

Name of Director   Exercise Date   No of shares   Option price
                                   under option   pence per share
                                   exercised

David Lamb         1 May 2008      22,812         0.72

Name of PDMR       Exercise Date   No of shares   Option price
                                   under option   pence per share
                                   exercised

Adrian Batchelor   13 May 2008     22,812         0.72
Mike Gravestock    1 May 2008      11,406         0.72
Sonia Gravestock   1 May 2008      22,812         0.72

The interests of the Director and PDMRs in the ordinary shares of SJP after the
above transactions are:

Name of Director   Beneficial       Non-beneficial

David Lamb         279,095          3,681

Name of PDMR       Beneficial       Non-beneficial

Adrian Batchelor   139,790          21,497
Mike Gravestock    127,624          -
Sonia Gravestock   125,285          -

With  the exception of the changes notified in this announcement, the Directors'
interests in ordinary shares of SJP are unchanged.

This notification is made in accordance with Disclosure and Transparency Rule
3.1.4R(1)(a).

M Armitage
Deputy Company Secretary
St. James's Place plc
Tel: [phone]