Holding(s) in Company

Standard Life Equity Income Tst PLC
20 July 2006

                                  SCHEDULE 10

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES


1)         Name of company
           Standard Life Equity Income Trust plc

2)         Name of shareholder having a major interest

           Barclays PLC through the following legal entities -

           Gerrard Limited - 1,598,101 shares
           Barclays Bank Trust Company Ltd - 285,551 shares
           Barclays Global Investors Ltd - 480,797 shares
           Barclays Life Assurance Co Ltd - 37,000 shares


3)         Please state whether notification indicates that it is in respect of
           holding of the shareholder named in 2 above or in respect of a
           non-beneficial interest or in the case of an individual holder if it
           is a holding of that person's spouse or children under the age of 18

           As per 2 above

4)         Name of the registered holder(s) and, if more than one holder, the
           number of shares held by each of them

           Barclays Trust Co R69 - 285,551
           Chase Nominees Ltd (16376) - 20,870 shares
           Chase Nominees Ltd (28270) - 11,990 shares
           Gerrard Nominees Limited (601359) - 2,500 shares
           Greig Middleton Nominees Limited (GM1) - 25,010 shares
           J P Morgan (BGI Custody) (16341) - 25,010 shares
           J P Morgan (BGI Custody) (16400) - 429,735 shares
           J P Morgan (BGI Custody) (18409) - 30,192 shares
           R C Greig Nominees Ltd - 959,135 shares
           R C Greig Nominees Ltd (AK1) - 232,536 shares
           R C Greig Nominees Ltd (BL1) - 91,850 shares
           R C Greig Nominees Ltd (CM1) - 59,445 shares
           R C Greig Nominees Ltd (GP1) - 141,864 shares
           R C Greig Nominees Ltd (SA1) - 85,761 shares


5)         Number of shares/amount of stock acquired
           not disclosed


6)         Percentage of issued class
           not disclosed

7)         Number of shares/amount of stock disposed
           n/a

8)         Percentage of issued class
           n/a

9)         Class of security
           Ord. 25 pence shares

10)        Date of transaction
           Holding at 13 July 2006

11)        Date company informed
           18 July 2006

12)        Total holding following this notification
           2,401,449

13)        Total percentage holding of issued class following this notification
           6.04%

14)        Any additional information
           No

15)        Name of contact and telephone number for queries
           Stuart Reid - 0131 313 1000

16)        Name and signature of authorised company official responsible for
           making this notification


           Stuart Reid
           Date of notification - 20 July 2006





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