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               08 November 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       68,944,811     3.17%     1,794,382      0.08%

(2) Derivatives     7,961,272     0.37%    12,032,627      0.55%
(other than
options)
(3) Options and             0     0.00%             0      0.00%
agreements to
purchase/sell
Total              76,906,083     3.54%    13,827,009      0.64%


(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      63,928               2.6025
Purchase      44,915               2.5502
Purchase      71,063               2.5580
Purchase      152                  2.5500
Purchase      2,500                2.5263
Purchase      14,186               2.5375
Purchase      7,010                2.5375
Purchase      10,062               2.5587
Purchase      149,500              2.6025
Purchase      144,345              2.5476
Purchase      200                  2.6025
Purchase      10,300               2.5490
Purchase      4,800                2.5414
Purchase      43,311               2.5420
Purchase      1,023                2.5375
Purchase      219,914              2.6025
Sale          149,500              2.6025
Sale          219,914              2.6025
Sale          48,595               2.5459
Sale          18                   2.5494
Sale          8,152                2.5353
Sale          2,880                2.5387
Sale          200                  2.6025
Sale          70,614               2.6025
Sale          177,893              2.5496
Sale          23,004               2.5375
Sale          4,527                2.6000
Sale          5,457                2.5995
Sale          2,465                2.5188

(b)  Derivatives transactions (other than options)
Product name,  Long/Short    Number of     Price per
(e.g. CFD)     (Note 6)      Securities    unit (GBP)
CFD            Short         4800          2.5413
CFD            Short         43311         2.542
CFD            Short         144345        2.5476
CFD            Short         10300         2.549
CFD            Short         44915         2.5502
CFD            Short         71063         2.558
CFD            Short         10062         2.5587
CFD            Long          8152          2.5352
CFD            Long          2880          2.5387
CFD            Long          6162          2.5422
CFD            Long          48595         2.5459
CFD            Long          18            2.5494
CFD            Long          171731        2.5498
CFD            Long          5457          2.5995

(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                         09 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