Director/PDMR Shareholding

Standard Life plc 28 March 2008 Standard Life plc Notification of Interests of Person Discharging Managerial Responsibilities 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 Company has today been advised by Computershare Investor Services plc that Joseph Iannicelli exercised his nil-cost options on 26 March 2008. The number of shares vested and acquired was 45,577, which brings Mr Iannicelli's total shareholding to 60,346 (0.0028%). This notice is given in fulfilment of obligations under DTR 3.1.4 (R). 28 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 This information is provided by RNS The company news service from the London Stock Exchange

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