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               24 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      68,165,073      3.14%       2,338,462    0.11%
securities
(2) Derivatives     3,339,660     0.15%       7,180,282    0.33%
(other than
options)
(3) Options and           0       0.00%              0     0.00%
agreements to
purchase/sell
Total             71,504,733      3.29%       9,518,744    0.44%


(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      43,563               2.7300
Purchase      9,600                2.7382
Purchase      2,639                2.7382
Purchase      50,676               2.7435
Purchase      389,800              2.7563
Purchase      139,153              2.7429
Purchase      9,677                2.7448
Purchase      12,515               2.7305
Sale          21                   2.7938
Sale          21,600               2.7751
Sale          33,203               2.7300
Sale          43,563               2.7300
Sale          2,100                2.7363
Sale          7                    2.7971
Sale          1,251                2.7995
Sale          25,743               2.7378
Sale          9,900                2.7475

(b)  Derivatives transactions (other than options)
Product name,  Long/Short    Number of     Price per
(e.g. CFD)     (Note 6)      Securities    unit (GBP)
CFD            Short         12515         2.7305
CFD            Short         9600          2.7381
CFD            Short         2639          2.7382
CFD            Short         41268         2.7423
CFD            Short         139153        2.7429
CFD            Short         9677          2.7447
CFD            Short         389800        2.7562
CFD            Long          15937         2.7341
CFD            Long          9806          2.7438
CFD            Long          21600         2.7751
CFD            Long          7             2.7971
CFD            Long          1251          2.7994

(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                         25 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