Director/PDMR Shareholding

St. James's Place PLC
14 December 2006

NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL
RESPONSIBILITY OR CONNECTED PERSONS

This form is intended for use by an issuer to make a RIS notification required
by DR 3.1.4R(1).


(1)      An issuer making a notification in respect of a transaction relating to the shares or debentures
         of the issuer should complete boxes 1 to 16, 23 and 24.
(2)      An issuer making a notification in respect of a derivative relating to the shares of the issuer
         should complete boxes 1 to 4, 6, 8, 13, 14, 16, 23 and 24.
(3)      An issuer making a notification in respect of options granted to a director/person discharging
         managerial responsibilities should complete boxes 1 to 3 and 17 to 24.
(4)      An issuer making a notification in respect of a financial instrument relating to the shares of
         the issuer (other than a debenture) should complete boxes 1 to 4, 6, 8, 9, 11, 13, 14, 16, 23 and
         24.



Please complete all relevant boxes in block capital letters.



1. Name of the issuer

St. James's Place plc



2. State whether the notification relates to (i) a transaction notified in
accordance with DR 3.1.4R(1)(a); or

(ii) DR 3.1.4(R)(1)(b) a disclosure made in accordance with section 324 (as
extended by section 328) of the Companies Act 1985; or

(iii) both (i) and (ii)



(i) above



3. Name of person discharging managerial responsibilities/director

Stephen Williams



4. State whether notification relates to a person connected with a person
discharging managerial responsibilities/director named in 3 and identify the
connected person

Not applicable



5. Indicate whether the notification is in respect of a holding of the person
referred to in 3 or 4 above or in respect of a non-beneficial interest

1.       Person referred to in 3 above; and

2.     Spouse of person referred to in 3 above



6. Description of shares (including class), debentures or derivatives or
financial instruments relating to shares

15p Ordinary



7. Name of registered shareholder(s) and, if more than one, the number of shares
held by each of them

1.       Stephen Williams & spouse

2.       Stephen Williams & spouse



8. State the nature of the transaction

Sale of shares



9. Number of shares, debentures or financial instruments relating to shares
acquired

Not applicable



10. Percentage of issued class acquired (treasury shares of that class should
not be taken into account when calculating percentage)

Not applicable



11. Number of shares, debentures or financial instruments relating to shares
disposed

1.       20,000

2.       5,000



12. Percentage of issued class disposed (treasury shares of that class should
not be taken into account when calculating percentage)

1.                   0.0043%

2.                   0.0011%



13. Price per share or value of transaction

1.       419.75p

2.       423.07p



14. Date and place of transaction

1.       12 December 2006

2.       13 December 2006



15. Total holding following notification and total percentage holding following
notification (any treasury shares should not be taken into account when
calculating percentage)

Beneficial - 85,953

Non-beneficial - 80,000

Total holding - 165,953

Total percentage holding - 0.036%



16. Date issuer informed of transaction

14 December 2006



If a person discharging managerial responsibilities has been granted options by
the issuer complete the following boxes



17. Date of grant

Not applicable



18. Period during which or date on which it can be exercised

Not applicable



19. Total amount paid (if any) for grant of the option

Not applicable



20. Description of shares or debentures involved (class and number)

Not applicable



21. Exercise price (if fixed at time of grant) or indication that price is to be
fixed at the time of exercise

Not applicable



22. Total number of shares or debentures over which options held following
notification

Not applicable



23. Any additional information

Not applicable



24. Name of contact and telephone number for queries

Matt Armitage - 01285 878158



Name and signature of duly authorised officer of issuer responsible for making
notification

MATT ARMITAGE

Deputy Company Secretary

St. James's Place plc

Date of notification

14 December 2006

END


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