STJ: St. James's Place: Director/PDMR Shareholding

  STJ: St. James's Place: Director/PDMR Shareholding

UK Regulatory Announcement

LONDON

St. James’s Place plc (“SJP”)

SJP was notified on 2 May 2013 of the following changes in SJP shares held by
the Persons Discharging Managerial Responsibility (“PDMRs”) named below.

SJP Performance Share Plan 2005 (“PSP”) linked Company Share Option Plan 2010
(“CSOP”)

The award of shares allocated to PDMRs in March 2010 was designated a
CSOP-linked award, whereby individuals were granted a nil-cost unapproved
option pursuant to the PSP and a linked HMRC-approved CSOP share option. The
PDMRs listed below exercised the linked CSOP awards on 1 May 2013 with an
exercise price of 255 pence per share and their PSP award has automatically
lapsed in respect of the number of shares equal in value to the gain realised
upon exercise of the linked CSOP awards.

Column 1 sets out the number of shares acquired as a result of the exercise of
the linked CSOP award on 1 May 2013, and column 2 sets out the number of SJP
shares sold on 1 May 2013 at 548.265 pence per share by the PDMRs and their
Connected Persons, where relevant, following transfer from the PDMR. Column 3
sets out the number of shares that have lapsed under the PSP award as a result
of this exercise and Column 4 sets out the number of PSP award shares retained
under the linked PSP award.

               1                2          3              4
                                               Number of SJP   Number of
                 Number of SJP     Number of   shares that     shares
Name of PDMR     shares acquired   SJP         have lapsed     retained under
                 on exercise of    shares      under the       the linked PSP
                 CSOP option       sold        linked PSP      award
                                               award
Michael Blunt    10,199            5,099       5,456           35,343
Connected        -                 5,100       -               -
Person
Mike             6,043             6,043       3,233           36,757
Gravestock
Sonia            10,199            10,199      5,456           30,243
Gravestock
Andrew           5,934             3,000       3,175           11,486
Humphries
Connected        -                 2,934       -               -
Person

Exercise of Awards under the SJP Performance Share Plan 2005 (“PSP”)

The PDMRs listed below exercised nil cost options under the PSP on 1 May 2013
and acquired the number of SJP ordinary shares set out in column 1 of the
table below. The exercise of the nil cost options follows the satisfaction of
prescribed performance targets over a three-year period. Column 2 sets out the
number of SJP shares sold on 1 May 2013 at 548.265 pence per share to meet the
cost of income tax and national insurance costs payable on the exercise of the
awards. Column 3 sets out the additional number of SJP shares sold at 548.265
pence per share. Column 4 sets out the number of shares retained by each PDMR
as a result of this exercise.

              1              2                  3             4
                Number of SJP   Number of shares    Number of      Number of
Name of PDMR    shares          sold to meet tax    additional     SJP shares
                acquired on     liability           shares sold    retained
                exercise
Michael Blunt   35,343          16,612              18,731         -
Mike            36,757          17,276              19,481         -
Gravestock
Sonia           30,243          12,078              6,825          6,794
Gravestock
                              2,137*              2,409*         -
Ian MacKenzie   9,547           4,488               5,059          -
Bill Tonks      44,623          20,973              23,650         -

*sold on 2 May 2013 at 558.75 pence per share

Exercise of share options held under the SJP Executive Share Option Scheme
2000 ("ESOS") and sale of shares

On 2 May 2013, PDMR Michael Blunt notified SJP that on 1 May 2013 he exercised
an option under the ESOS with an exercise price of 242 pence per share and
acquired 50,000 SJP shares on exercise. Mr Blunt subsequently sold 50,000
shares on 1 May 2013 at a price of 548.265 pence per share.

Exercise of share options held under the SJP SAYE Share Option Scheme 2000
("SAYE")

On 2May 2013, the PDMRs named below notified SJP that on 1May2013 they each
exercised an option to acquire 4,448 ordinary 15p shares in SJP under the SAYE
with an exercise price of 204 pence per share and as a result, each acquired
on exercise 4,448 ordinary SJP shares:

Name of PDMR
Chris Ralph
Bill Tonks

Mr Ralph subsequently sold 4,448 ordinary SJP shares on 1 May 2013 at a price
of 548.265 pence per ordinary share.

PDMR share dealing

On 1 May 2013 PDMR Hugh Gladman sold 75,000 shares at 545 pence per share.

The table below sets out the current holdings of the said PDMRs in SJP
ordinary 15p shares after the above transactions:

Name of PDMR      Number of SJP shares held
                   
Michael Blunt      135,056
Hugh Gladman       147,534
Mike Gravestock    391,731
Sonia Gravestock   391,731
Andrew Humphries   20,860
Ian MacKenzie      51,538
Chris Ralph        28,409
Bill Tonks         166,351

(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 set out above include deferred
bonus scheme awards held in trust for the Directors which have not yet vested
and are subject to forfeiture.

With the exception of the changes notified in this announcement, the
Directors/PDMRs holdings of SJP shares are unchanged.

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

End

Contact:

St. James's Place