St James's Place Regulatory News (STJ)

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ST. JAMES'S PLACE plc

27 St. James's Place, London SW1A 1NR

Telephone 020 7493 8111

23 October 2018

ST. JAMES'S PLACE WEALTH MANAGEMENT

CONTINUED GROWTH IN NEW INFLOWS

TAKES FUNDS UNDER MANAGEMENT TO OVER £100 BILLION

St. James's Place plc, the wealth management group, today issues its update on new business inflows and funds under management for the nine months ended 30 September 2018.

New Investment and Funds under Management

· Gross inflow of funds of £11.75 billion (2017: £10.46 billion), up 12%.

· Continued strong retention of client funds - 96%.

· Net inflow of funds of £7.68 billion (2017: £6.66 billion), up 15%.

· Group funds under management - £100.6 billion (2017: £85.7 billion), up 11% since the beginning of the year and 17% over the twelve months.

Andrew Croft, Chief Executive, commented:

"Building on the exceptional growth we achieved over the last two years, I am pleased to report continued growth in the third quarter. Gross flows, at £3.83 billion, were 7% higher than the prior year comparator, which itself was up 28%. This takes the year to date gross flows to £11.75 billion, growth of 12%. With continued strong retention, net flows for the nine months were up 15% to £7.68 billion, taking funds under management to a record £100.6 billion, up 11% since the start of the year and 17% over the twelve months.

We have delivered this continued growth despite both tough comparatives and a more challenging environment for the industry, once again demonstrating our resilience in these market conditions.

There remains growing demand for high-quality financial advice, notwithstanding the current macro and geo-political uncertainty. With the strength and professionalism of the Partnership, together with the breadth of our client proposition, we have a major and sustainable competitive advantage. Consequently, we remain confident in our ability to grow our business in line with our stated objectives over the medium-term."

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The details of the announcement are attached.

Enquiries:

Contents

1. Funds under management

2. Analysis of funds under management

3. Gross inflow figures

4. EEV net asset value per share

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1. Funds under Management

Included within "UT/ISA & DFM" are closing funds under management of £2.42 billion, gross inflows of £0.41 billion and outflows of £0.08 billion in relation to the Rowan Dartington Group funds under management.

Not included within Group funds under management is a further £438 million of funds under management in third party funds within our Asia business.

Included within "UT/ISA & DFM" are closing funds under management of £1.96 billion, gross inflows of £0.37 billion and outflows of £0.08 billion in relation to the Rowan Dartington Group funds under management.

Not included within Group funds under management is a further £500 million of funds under management in third party funds within our Asia business.

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2. Analysis of Funds under Management

The following table provides an analysis of the funds under management at 30 September split by geography and asset type:

3. Gross Inflow Figures

4. EEV Net Asset Value per Share

The net asset value on the European Embedded Value basis at 30 September 2018 was approximately 1165 pence per share (cum div) and 1150 pence per share after the payment of the interim dividend on 28 September 2018.