Rule 8.3 - STANDARD LIFE

FORM 8.3

    DEALINGS BY PERSONS WITH INTERESTS IN SECURITIES REPRESENTING 1% OR MORE
              (Rule 8.3 of the City Code on Takeovers and Mergers)


1.   KEY INFORMATION

Name of person dealing        BARCLAYS PLC
(Note 1)
Company dealt in              STANDARD LIFE
Class of relevant security    ORD GBP0.10
to which the dealings being
disclosed relate (Note 2)
Date of dealing               26 October 2007

2.   INTERESTS, SHORT POSITIONS AND RIGHTS TO SUBSCRIBE

(a)  Interests and short positions (following dealing) in the class of relevant
security dealt in (Note 3)

                            Long                     Short

                      Number       (%)         Number       (%)

(1) Relevant       69,262,171     3.19%      2,033,600     0.09%

(2) Derivatives     6,384,962     0.29%     10,363,948     0.48%
(other than
options)
(3) Options and             0     0.00%              0     0.00%
agreements to
purchase/sell
Total              75,647,133     3.48%      12,397,548    0.57%


(b)  Interests and short positions in relevant securities of the company, other
     than the class dealt in (Note 3)

Class of                    Long                     Short
relevant
security:

                  Number              (%)   Number              (%)

(1) Relevant
securities

(2) Derivatives
(other than
options)

(3) Options and
agreements to
purchase/sell

Total


  (c)  Rights to subscribe (Note 3)

Class of relevant security:   Details



3.   DEALINGS (Note 4)

  (a)  Purchases and sales

Purchase/sale Number of Securities Price per unit
                                   (GBP)
Purchase      10,720               2.7268
Purchase      4,000                2.7271
Purchase      43,917               2.7910
Purchase      4,000                2.7271
Purchase      10,351               2.7909
Purchase      30,427               2.7238
Purchase      12,670               2.7850
Purchase      7,232                2.7300
Purchase      125,187              2.7301
Purchase      6,760                2.7850
Sale          41,736               2.7739
Sale          158,983              2.7929
Sale          2,604                2.7850
Sale          2,864                2.7155
Sale          4,853                2.8033
Sale          1,076                2.7113
Sale          36,000               2.8405
Sale          9,900                2.7913
Sale          5,360                2.7870
Sale          1,171                2.7104

(b)  Derivatives transactions (other than options)
Product name,  Long/Short    Number of     Price per
(e.g. CFD)     (Note 6)      Securities    unit (GBP)
CFD            Short         83060         2.6991
CFD            Short         30427         2.7237
CFD            Short         10720         2.7267
CFD            Short         7232          2.73
CFD            Short         10351         2.7908
CFD            Short         43917         2.7909
CFD            Short         42127         2.7912
CFD            Long          2864          2.7154
CFD            Long          41736         2.7739
CFD            Long          5360          2.7869
CFD            Long          9900          2.7913
CFD            Long          158983        2.7928
CFD            Long          4853          2.8033
CFD            Long          36000         2.8404

(c)  Options transactions in respect of existing securities

(i)  Writing, selling, purchasing or varying

Product name,   Writing,          Number of          Exercise  Type, e.g.      Expiry   Option money
e.g. call       selling,          securities to      price     American,       date     paid/received
option          purchasing,       which the option             European etc.            per unit (GBP)
                varying etc.      relates (GBP)


(ii) Exercising

Product name, e.g.  Number of           Exercise price per
call option         securities          unit (Note 5)




(d)  Other dealings (including new securities) (Note 4)


Nature of transaction Details           Price per unit
(Note 8)                                (if applicable)
                                        (Note 5)




4.   OTHER INFORMATION
None

Agreements, arrangements or understandings relating to options or derivatives


Full details of any agreement, arrangement or understanding between the
person disclosing and any other person relating to the voting rights of
any relevant securities under any option referred to on this form or
relating to the voting rights or future acquisition or disposal of any
relevant securities to which any derivative referred to on this form is
referenced.  If none, this should be stated.




Is a Supplemental Form 8 attached? (Note 9)                 NO


Date of disclosure                         29 October 2007
Contact name                               Geoff Smith
Telephone number                           020 7116 2913
If a connected EFM, name of
offeree/offeror with which connected
If a connected EFM, state nature of
connection (Note 10)


Notes

The Notes on Form 8.3 can be viewed on the Takeover Panel's website at
www.thetakeoverpanel.org.uk