Admission of Subscription Sha

RNS Number : 1965Y

Standard Life Equity Income Tst PLC

17 December 2010

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART IN OR INTO AUSTRALIA, CANADA, JAPAN, NEW ZEALAND, THE REPUBLIC OF SOUTH AFRICA OR THE UNITED STATES OF AMERICA OR ANY JURISDICTION IN WHICH THE SAME COULD BE UNLAWFUL OR TO U.S. PERSONS

Standard Life Equity Income Trust PLC (the "Company")

17 December 2010

Admission of Subscription Shares

The Board has today allotted 7,947,325 Subscription Shares, subject to listing, to Qualifying Shareholders pursuant to the Bonus Issue described in the Prospectus dated 19 November 2010 (the "Prospectus").

Application has been made for admission of such Subscription Shares to the Official List with a Standard Listing and to trading on the main market for listed securities of the London Stock Exchange. Dealings in these Subscription Shares will commence at 8.00a.m on 20 December 2010.

In accordance with the terms of the Bonus Issue, 361,465 Subscription Shares shall be issued to the Company in respect of the Ordinary Shares held in treasury and shall be cancelled. Accordingly, following Admission and such cancellation there will be 39,737,907 Ordinary Shares in issue (of which 1,807,328 Ordinary Shares are held in treasury), and the aggregate number of Subscription Shares in issue shall be 7,585,860. Each Ordinary Share has one voting right. Accordingly, the total voting rights attaching to the Ordinary Shares is 37,930,579. The Subscription Shares do not carry any voting rights.

The dealing codes for the Subscription Shares will be as follows:

ISIN: GB00B3NWXM64

SEDOL: B3NWXM6

Ticker: SLES

Your attention is drawn to the "Definitions" section of the Prospectus in respect of the terms used in this announcement.

Expected Timetable

	2010
Admission of the Subscription Shares to the Official List and dealings in the Subscription Shares commence	8.00 a.m. on 20 December
Crediting of CREST stock accounts in respect of the Subscription Shares	week commencing 20 December
Share certificates despatched in respect of the Subscription Shares	week commencing 27 December