Holding(s) in Company

TR-1: NOTIFICATION OF MAJOR INTERESTS IN SHARES

1. Identity of the issuer or the underlying issuer of existing shares to which
 voting rights are attached:
 St James's Place plc

2. Reason for the notification: Disclosure of holdings following the acquisition, by
 Lloyds Banking Group plc of HBOS plc - this notification supersedes any
 notifications previously issued by HBOS plc

3. Full name of person(s) subject to the notification obligation:
 Lloyds Banking Group plc

4. Full name of shareholder(s) (if different from 3.):
 See section 9

5. Date of the transaction (and date on which the threshold is crossed or
 reached if different):
 16 January 2009

6. Date on which issuer notified:
 20 January 2009

7. Threshold(s) that is/are crossed or reached:
 Direct/Indirect 60%

8. Notified details:

A: Voting rights attached to shares

Class/type of        Situation previous to the Triggering
shares if possible                transaction
using the ISIN
CODE
                   Number of shares    Number of voting
                                       Rights
GB0007669376       N/A
                                     N/A

Resulting situation after the triggering transaction

Class/type of     Number of       Number of voting       % of voting
shares if         shares          rights                 rights
possible using
the ISIN CODE
                  Direct          Direct        Indirect  Direct   Indirect

Ordinary 15p      287,424,329     287,424,329   1,245,779 59.936%  0.260%


B: Financial Instruments
Resulting situation after the triggering transaction

Type of   Expiration     Exercise/Convers  Number of voting  % of voting
financial Date           ion Period/ Date  rights that may   rights
instrument                                 be acquired if
                                          the instrument is
                                           exercised/
                                          converted.

N/A

Total (A+B)
Number of voting  % of voting
rights            rights

288,670,108       60.196%


9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable :
286,418,796 shares (59.726%) are under the control of HBOS Insurance and
Investment Group Limited, a wholly owned subsidiary of HBOS plc, a wholly
owned subsidiary of Lloyds Banking Group plc (Direct Interests)

Proxy Voting:

10. Name of the proxy holder: N/A

11. Number of voting rights proxy holder will cease to hold: N/A

12. Date on which proxy holder will cease to hold voting rights: N/A

13. Additional information:
 Notification using the total voting rights figure of 479,550,735

14. Contact name:
 Matt Armitage

15. Contact telephone number:
 01285 878158