Scrip Dividend

St. James's Place PLC
10 September 2007


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

Scrip dividend: interim dividend

SJP plc announces that pursuant to the scrip dividend mandate scheme that was
renewed at the Annual General Meeting held on 4 May 2007, the scrip dividend
alternative in respect of the interim dividend for the year ending 31 December
2007 was accepted in respect of 7,594,219 shares, representing approximately
1.59% of SJP plc's issued share capital on the interim dividend record date of
10 August 2007.    Application will shortly be made to the UK Listing Authority
and the London Stock Exchange for 31,643 additional ordinary shares of 15p each
to be admitted to the Official List and to trading.  It is expected that such
listing will become effective and that dealings in the additional shares will
commence on 19 September 2007.    The above shares will rank pari passu in all
respects with the existing issued ordinary shares in SJP plc.



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