Re-Listing of Bonds

Standard Life plc
10 July 2006



10 July 2006

Standard Life Bonds Re-listing Confirmed


The issuer under each of the existing subordinated bonds has been substituted
and the issuing entity is now Standard Life plc and, in each case, there is a
subordinated guarantee in respect of the bonds from Standard Life Assurance
Limited. The bonds have been re-admitted to listing on the Official List of the
FSA and to trading on the gilt edged and fixed interest market of the London
Stock Exchange.



This applies to the following bonds:

•        £500,000,000 6.75% Fixed Rate Perpetual Subordinated Guaranteed Bonds
(ISIN remains XS0151267878)

•        EUR750,000,000 6.375% Fixed/Floating Rate Subordinated Guaranteed Bonds
due 2022 (ISIN remains XS0151267522)

•        £300,000,000 6.546% Mutual Assurance Capital Securities (ISIN remains
XS0204938798)

•        EUR360,000,000 5.314% Mutual Assurance Capital Securities (ISIN remains
XS0204937634)



                                     -Ends-

Enquiries:

John Cummins                         0131 245 5195
Georgina Marshall                    0131 245 9798



This announcement is not for distribution in the United States, Japan, Australia
or any other jurisdiction where such distribution would be illegal. The
information contained in this announcement does not constitute an offer for sale
of securities in the United Kingdom, Ireland, the United States, Japan,
Australia or any other jurisdiction, nor does it constitute a public exchange or
tender offer in any such jurisdiction. The securities referred to herein may not
be offered or sold, directly or indirectly, into the United States unless they
are registered under the U.S. Securities Act of 1933, as amended, or exempt from
registration. Standard Life plc does not intend to register the securities
referred to herein in the United States. No money, securities or other
consideration is being solicited and, if sent in response to the information
contained herein, will not be accepted.




                      This information is provided by RNS
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