Director/PDMR Shareholding

Standard Life plc
17 March 2008


                               Standard Life plc


 Notification of Interests of Executive Directors and Other Persons Discharging
                     Managerial Responsibilities ('PDMRs')



This announcement replaces the one released on Friday 14 March at 3.20pm, and
corrects the 'Total Holding Following Exercise' and 'Percentage of Share
Capital' for Alexander Maxwell Crombie.


As announced by Standard Life plc ('the Company') on 8 August 2006, cash-based
awards granted to various executives on 1 January 2005 and 1 January 2006
converted to share-based awards on the flotation of the Company on 10 July 2006.


The 2005 awards vested on 12 March 2008, and the following executive directors
and other PDMRs have exercised their nil-cost options:


                               Alexander Maxwell           Norman           Marcia Dominic      Nathan Richard
                                    Crombie                 Keith              Campbell             Parnaby
                                                           Skeoch 

     Date of Exercise               12/03/08              13/03/08             12/03/08            13/03/08

       Shares Vested                458,715                80,653               83,879              69,563

 Shares Sold to Cover Tax             n/a                    n/a                35,185                n/a
         Liability

        Sale Price                    n/a                    n/a               £2.4675                n/a

      Shares Acquired               458,715                80,653               48,694              69,563

  Total Holding Following           756,425                378,887              84,981              114,887
         Exercise

Percentage of Share Capital          0.035%                0.017%               0.004%              0.005%


This notice is given in fulfilment of obligations under DTR 3.1.4 (R).


17 March 2008

Enquiries:


Julie Reith, Group Secretariat,     0131 245 6772

Barry Cameron, Media Relations,     0131 245 6165

Gordon Aitken, Investor Relations,  0131 245 6799



END


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