Director/PDMR Shareholding

Standard Life plc
11 July 2006

                       Standard Life plc (the 'Company')



   Notification of transaction on account of Director/PDMR in Ordinary shares
                      pursuant to Disclosure Rule 3.1.4 R



                     The Standard Life Staff Pension Scheme



The Company has received notification of a transaction on the account of the
undernoted individuals in Ordinary shares of Standard Life plc.  The
transaction, on 10 July 2006, resulted from the decision of the trustees of The
Standard Life Staff Pension Scheme (the 'SLSPS') to use the initial sale
facility to dispose of the 117,580 Ordinary shares in Standard Life plc allotted
to them under Standard Life's demutualisation.  The undernoted individuals, who
are also trustees of the SLSPS, are deemed to have the interests noted below in
this transaction:


                      Name            No of Ordinary Shares      Price per share
John Hylands (Executive Director)              2,381                   £2.30
Marcia Campbell (PDMR)                         1,805                   £2.30



The net proceeds of the disposal by the trustees of the SLSPS have been applied
as enhancements to the pension entitlements of SLSPS members as appropriate -
this applies to the above individuals in the same way as it applies to other
affected members of the SLSPS.



                                      End




                      This information is provided by RNS
            The company news service from the London Stock Exchange