Holding(s) in Company

St Peter Port Capital Limited ("the Company")

Notification of Holdings

The Company announces that it received on the 12 July 2011 from JPMorgan Asset Management Holdings (UK) Limited a disclosure of a total combined holding of 6,790,600 Ordinary Shares, representing approximately 9.65% of the issued share capital of the Company.

For further information:

St Peter Port Capital Limited

Peter Griffin - 01481 751000

St Peter Port Investment Management Limited

Tim Childs - 020 7240 3765 / Graham Shore - 020 7408 4090

Deloitte LLP - Nominated Adviser

Jonathan Hinton / James Lewis - 020 7936 3000

Shore Capital Stockbrokers Limited - Broker

Dru Danford / Stephane Auton - 020 7408 4090