Director/PDMR Shareholding

RNS Number : 0129E

Standard Life plc

03 April 2014

Standard Life plc

('the Company')

Notification of Interests of Person Discharging Managerial Responsibility ('PDMR')

Standard Life Long Term Incentive Plan (2011) ("Group LTIP")

On 31 March 2011, the Company granted options ("awards") in the form of nil cost options to Paul Stephen Matthews under the Standard Life Long Term Incentive Plan (2011) ("Group LTIP"). These awards vested, to the extent that the agreed operating profit performance condition was met, on 31 March 2014. No consideration was payable on the vesting of these awards.

2012 Deferred Share Awards

On 29 March 2012, the Company granted share awards ("2012 Deferred Share awards") over existing ordinary shares in the Company to Paul Stephen Matthews. The level of shares granted was equivalent to a proportion of his annual bonus for 2011. These awards vested on 29 March 2014. No consideration was payable on the vesting of these awards.

During the vesting periods for the above awards, 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	2011 Group LTIP	2012 Deferred Share
Date of Exercise	01/04/14	01/04/14
Date of notification	02/04/14	02/04/14
Shares Vested	143,975	63,590
Shares sold	143,975	63,590
Sale Price	£3.7955	£3.7955
Percentage of Share Capital acquired or acquired and disposed of	0.0060%	0.0027%