Scrip Dividend

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

SJP plc announces pursuant to the scrip dividend mandate scheme, which was renewed at the Annual General Meeting held on
30 April 2009, the scrip dividend alternative in respect of the final dividend for the year ended 31 December 2008 was
accepted in respect of 3,065,489 shares, representing approximately 0.64% of SJP plc's issued share capital on the
dividend record date of 6 March 2009.  Application will shortly be made to the UK Listing Authority and the London Stock
Exchange for 44,618 additional ordinary shares of 15p each to be admitted to the Official List and to trading.  It is
anticipated that the listing will become effective (and dealings in the additional shares will commence) on 13 May 2009.
 The above shares will rank pari passu in all respects with the existing issued ordinary shares in SJP plc.

Matt Armitage
Deputy Company Secretary
T: [phone]

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