Notice to Bondholders
€360,000,000 5.314 per cent. Fixed/Floating Rate Mutual Assurance Capital Securities
of Standard Life plc (the "Bonds")
(ISIN XS0204937634)
Under condition 10.(b) of the current terms and conditions of the Bonds (the "Terms and Conditions"), Standard Life plc, as Issuer, is entitled to redeem all (but not some only) of the Bonds on the First Redemption Date, 6 January 2015.
Notice is hereby given that, pursuant to condition 10.(b) of the Terms and Conditions, all of the Bonds are to be redeemed by the Issuer on the First Redemption Date at their Principal Amount together with all accrued interest to, but excluding, the First Redemption Date.
Notice has been given to the Prudential Regulation Authority and Supervisory Consent has been received to the proposed redemption.
Terms used in this notice and not defined herein shall have the meanings set out in the Terms and Conditions.
For further information please contact:
Nick Mardon 0131 245 6371
15 December 2014