Director/PDMR Shareholding

Director/PDMR Shareholding

St. James's Place

St. James’s Place plc (“SJP”)

The Director PDMR shareholding announcement released by St. James’s Place plc (SJP) on 27 March 2012 omitted an award under the Share Incentive Plan to a Person Discharging Managerial Responsibilities, as follows.

SJP was notified on 26 March 2012 of the following changes in SJP shares held by the Person Discharging Managerial Responsibilities (“PDMR”) named below.

Award of SJP Shares under the SJP 2010 Share Incentive Plan (“SIP”)

On 26 March 2012, SJP awarded 452 SJP ordinary 15p shares (including Partnership and Matching shares) under the SIP to Bill Tonks, at a price of £3.65 per share, in return for £1,500 being deducted from his pre-tax salary. The shares will be held by an employee benefit trust (SJP AESOP Trustees Limited) (the “Trustee”) on behalf of Mr Tonks for a minimum period of three years from the date of award.

The current holdings of Mr Tonks in SJP ordinary shares after the above transactions are as follows:

Name of PDMR	Â	Number of SJP shares held
Bill Tonks		203,095

(i) The interests of the Directors and PDMRs include those of their Connected Persons as defined in section 96B(2) of the Financial Services and Markets Act.

(ii) The interests of the Directors and PDMRs include deferred bonus scheme awards held in trust for the Directors and PDMRs which have not yet vested and are subject to forfeiture.

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

With the exception of the changes notified in this announcement, the PDMR’s shareholdings in SJP are unchanged.

Deputy Company Secretary

Tel: [phone]

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