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 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       67,759,677     3.12%       2,250,900    0.10%
securities
(2) Derivatives     1,560,445     0.07%       5,518,858    0.25%
(other than
options)
(3) Options and            0      0.00%              0     0.00%
agreements to
purchase/sell
Total             69,320,122      3.19%       7,769,758    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      6,195                2.7375
Purchase      10,915               2.7536
Purchase      10,004               2.7465
Purchase      37,270               2.7672
Purchase      252,410              2.7300
Purchase      54,601               2.7304
Purchase      14,225               2.7618
Purchase      17,800               2.7275
Purchase      33,212               2.7543
Purchase      17,875               2.7588
Purchase      49,023               2.7572
Purchase      6,400                2.7478
Purchase      38,000               2.7300
Purchase      105,300              2.7374
Purchase      6,760                2.7500
Sale          10,004               2.7285
Sale          252,410              2.7300
Sale          2,653                2.7945
Sale          6,195                2.7375
Sale          38,000               2.7300
Sale          252,410              2.7300
Sale          3,555                2.7487
Sale          38,000               2.7300
Sale          14,225               2.7595
Sale          44,396               2.7451
Sale          32,513               2.7414
Sale          22,194               2.7307
Sale          1,380                2.7746
Sale          15,305               2.7686

(b)  Derivatives transactions (other than options)
Product name,  Long/Short    Number of     Price per
(e.g. CFD)     (Note 6)      Securities    unit (GBP)
CFD            Short         6400          2.7477
CFD            Short         33212         2.7542
CFD            Short         49023         2.7572
CFD            Short         17875         2.7588
CFD            Short         14225         2.7617
CFD            Short         41795         2.7625
CFD            Short         37270         2.7671
CFD            Long          15305         2.7685
CFD            Long          1380          2.7745
CFD            Long          2653          2.7944

(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                         27 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