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               31 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       68,680,081     3.16%     2,326,947      0.11%

(2) Derivatives     6,908,823     0.32%    10,626,457      0.49%
(other than
options)
(3) Options and             0     0.00%              0     0.00%
agreements to
purchase/sell
Total              75,588,904     3.48%     12,953,404     0.60%


(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      2,465                2.8450
Purchase      7,006                2.8030
Purchase      9,994                2.8450
Purchase      11,842               2.8085
Purchase      1,877                2.8450
Purchase      140,068              2.8272
Purchase      1,370                2.8235
Purchase      5,035                2.8450
Purchase      9,994                2.8450
Purchase      2,300                2.7772
Purchase      1,400                2.8004
Purchase      35,239               2.8450
Sale          7,863                2.8450
Sale          101,906              2.8445
Sale          9,776                2.8450
Sale          13,716               2.8450
Sale          24,940               2.8450
Sale          47,777               2.8316
Sale          10,073               2.8450
Sale          175,858              2.8273
Sale          10                   2.8030
Sale          17,051               2.8450
Sale          60,569               2.8252
Sale          2,043                2.8075
Sale          97,581               2.8135
Sale          3,832                2.8450
Sale          9,994                2.8450
Sale          5,842                2.8020
Sale          1,577                2.8250
Sale          28,689               2.8450
Sale          7,006                2.8395
Sale          3,125                2.8344

(b)  Derivatives transactions (other than options)
Product name,  Long/Short    Number of     Price per
(e.g. CFD)     (Note 6)      Securities    unit (GBP)
CFD            Short         1400          2.8003
CFD            Short         7006          2.803
CFD            Short         11842         2.8084
CFD            Short         13554         2.8214
CFD            Short         140068        2.8271
CFD            Long          5842          2.8019
CFD            Long          84199         2.8222
CFD            Long          47777         2.8315
CFD            Long          91659         2.8319
CFD            Long          3125          2.8344
CFD            Long          7006          2.8394
CFD            Long          101906        2.8445

(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                         01 November 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