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               19 September 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      65,859,311      3.03%      1,916,360     0.09%
securities
(2) Derivatives     1,629,433     0.07%       5,935,146    0.27%
(other than
options)
(3) Options and           0       0.00%              0     0.00%
agreements to
purchase/sell
Total             67,488,744      3.10%       7,851,506    0.36%


(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      69,196               2.8100
Purchase      226,558              2.7789
Purchase      6,786                2.8546
Purchase      38,482               2.9200
Purchase      129,349              2.8400
Purchase      36,659               2.9467
Purchase      25,923               2.8606
Sale          6,073                2.8300
Sale          36,659               2.9467
Sale          2,342                2.8300
Sale          38,482               2.9200
Sale          195,200              2.8807
Sale          54,471               2.9458
Sale          690                  2.8300
Sale          2,800                2.9262
Sale          36,659               2.9467
Sale          192,752              2.7475
Sale          32,409               2.9749
Sale          1,229                2.9626
Sale          8,921                2.7607
Sale          744,120              2.7700
Sale          22,841               2.9302
Sale          26,040               2.8742

(b)  Derivatives transactions (other than options)
Product name,  Long/Short    Number of     Price per
(e.g. CFD)     (Note 6)      Securities    unit (GBP)
CFD            Short         69196         2.81
CFD            Short         129349        2.8399
CFD            Short         54131         2.849
CFD            Short         6786          2.8546
CFD            Short         25923         2.8605
CFD            Short         8008          2.8905
CFD            Short         36659         2.9468
CFD            Short         27634         2.9483
CFD            Long          26040         2.8741
CFD            Long          195200        2.8806
CFD            Long          2800          2.9261
CFD            Long          22841         2.9301
CFD            Long          54471         2.9457
CFD            Long          36659         2.9467
CFD            Long          32409         2.9748

(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                         20 September 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