Director/PDMR Shareholding

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

SJP was notified on 31 March 2009 of the following changes in SJP shares held by
the  executive Directors and Persons Discharging Managerial Responsibility
("PDMRs") named below.

Deferred Bonus Scheme
As previously notified the trustees of SJP's Deferred Bonus Scheme transferred
shares to the executive Directors and PDMRs named below on 8 March 2006 relating
to bonuses earned in respect of the 2005 financial year and which were invested
in SJP shares and held in trust subject to forfeiture for a period of three
years.  On 31 March 2009 the shares became no longer subject to forfeiture and
income tax and National Insurance liabilities became payable.  In order to
settle the tax liability, the directors and PDMRs sold the number of shares in
column 2 of the table below on 31 March 2009 at a price of 166.28 pence per
share.  The number of shares retained by each Director and PDMR following the
transaction is detailed in column 3.

                       1               2            3
Name of         Number of        Number of     Number of
Director        shares no        shares sold   shares
                longer subject   to meet tax   retained
                to forfeiture    liability
David Bellamy   42,968           17,680         25,288
Andrew Croft    39,531           16,266         23,265
Ian Gascoigne   42,968           17,680         25,288
David Lamb      30,937           12,730         18,207

Name of PDMR     Number of        Number of    Number of
                 shares no        shares sold  shares
                 longer subject   to meet tax  retained
                 to forfeiture    liability
Adrian Batchelor 26,640           10,962         15,678
Mike Blunt       13,125           5,401          7,724
Hugh Gladman     25,781           10,608         15,173
Mike Gravestock  24,921           10,255         14,666
Sonia Gravestock 18,906           7,780          11,126
Bill Tonks       25,208           10,373         14,835

Sharesave Share Option Scheme
SJP was notified on 31 March 2009 that on 27 March 2009, the executive Directors
and PDMRs named below were granted options under the SJP Sharesave Share Option
Scheme 2000 to acquire ordinary shares of 15p each in SJP at an exercise price
of 150 pence per share as set out below:

Name of           Number of share   Exercisable period
Director          options granted
David Bellamy     6,100             1 May - 31 October 2012
Andrew Croft      6,100             1 May - 31 October 2012
Ian Gascoigne     6,100             1 May - 31 October 2012
David Lamb        6,100             1 May - 31 October 2012
Mike Wilson       6,100             1 May - 31 October 2012

Name of PDMR      Number of share   Exercisable period
                  options granted
Adrian Batchelor  6,100             1 May - 31 October 2012
Mike Blunt        6,100             1 May - 31 October 2012
Hugh Gladman      6,100             1 May - 31 October 2012
Mike Gravestock   6,100             1 May - 31 October 2012
Sonia Gravestock  6,100             1 May - 31 October 2012

On 27 March 2009, Adrian Batchelor, David Bellamy, Mike Blunt, Sonia Gravestock,
Mike Gravestock, David Lamb and Mike Wilson all cancelled their existing
Sharesave contracts resulting in the lapse of an option over 4,507 SJP shares
each.  These options were granted under the SJP Sharesave Share Option Scheme
2000 on 28 March 2008.

PDMR Share Dealing
Bill Tonks notified SJP that on 31 March 2009 he sold 12,000 SJP shares at
165.24 pence per share and bought back 12,000 shares at the same price.  The
purpose of the sale and buy back of SJP shares was to transfer 4,358 shares to
an Individual Savings Account (ISA) for his wife and 4,358 shares to an ISA for
his son.  The remaining 3,284 shares were transferred in to an ISA in his own
name.

The executive Directors and PDMRs shareholding in SJP after the above
transactions are as follows:

Name of            Beneficial         Non-beneficial
Director
David Bellamy      764,893            238,100
Andrew Croft       295,493            -
Ian Gascoigne      433,648            30,000
David Lamb         319,282            3,681
Mike Wilson        3,774,491          750,000

Name of PDMR       Beneficial         Non-beneficial
Adrian Batchelor   160,738            21,497
Mike Blunt         110,662            -
Hugh Gladman       211,815            -
Mike Gravestock    147,054            -
Sonia Gravestock   144,782            -
Bill Tonks         105,385            8,716

With  the  exception of the changes notified in this announcement, the executive
Directors' and PDMRs shareholdings in SJP are unchanged.

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

Deputy Company Secretary
Tel: [phone]

End