Director/PDMR Shareholding

RNS Number : 2316C

Standard Life plc

27 April 2012

Standard Life plc

("the Company")

Notification of Interests of a Person Discharging Managerial Responsibility

The Company granted options ("awards") to Paul Stephen Matthews under the Standard Life Long Term Incentive Plan (2009). These awards vested on 20 April 2012. No consideration was payable on the vesting of these awards. During the vesting period the awards carried a right to receive dividend equivalents, to the extent that the awards vested. The dividend equivalents were delivered as additional shares. Paul Stephen Matthews has exercised his vested awards as below:

Date of Exercise	26/04/12
Date of Notification	26/04/12
Shares Vested (including dividend equivalents)	98,230
Shares Sold to Cover Tax Liability	51,208
Sale Price	£2.2310
Shares Acquired	47,022
Percentage of Issued Shares Acquired	0.0020%
Total Holding Following Exercise, including Connected Persons	111,103
Percentage of Issued Shares after Acquisition	0.0047%