Directors' Notification of Dealing in Shares(s)

Securities Trust of Scotland PLC
18 July 2000



Schedule 11 - Notification of interests of Directors and Connected Persons

1   Name of company:
Securities Trust of Scotland Plc

2   Name of director:
David A Whittaker

3   Please state whether notification indicates that it is in respect of     
holding of the director named in 2 above or holding of that person's spouse or
children under the age of 18 or in respect of a non- beneficial interest:
  see 2 , 4 and 5

4   Name of registered holder(s) and, if more than one holder, the number of 
shares held by each of them (if notified):
 1) 3996 shares held under DAW a/c TWW
 2) 3996 shares herd jointly between Mrs. Lucy Belinda Normile and D. A.
Whittaker
                                  
5   Please state whether notification relates to a person(s) connected with  
the director named in 2 above and identify the connected person(s):
1) Son
2) Daughter

6   Please state the nature of the transaction. For PEP transactions please  
indicate whether general/single co PEP and if discretionary/non discretionary:

7   Number of shares/amount of stock acquired:
7,992

8   Percentage of issued class:
0.002%

9   Number of shares/amount of stock disposed:

10  Percentage of issued class:

11  Class of security:
ordinary shares 25p

12  Price per share:
124.50p

13  Date of transaction:
3 July 2000

14  Date company informed:
18 July 2000

15  Total holding following this notification:
12,992

16  Total percentage holding of issued class following this notification:
0.004%

If a director has been granted options by the company, please complete the
following fields:

17  Date of grant:

18  Period during which or date on which exercisable:

19  Total amount paid (if any) for grant of the option:

20  Description of shares or debentures involved: class, number:

21  Exercise price (if fixed at time of grant) or indication that price is to
be fixed at time of exercise:

22  Total number of shares or debentures over which options held following
this notification:

23  Contact name for queries:
Jan Wilson

24  Contact telephone number:
0131 479 4774

25  Name of company official responsible for making notification:
Martin Currie Investment Management Limited


Additional Information: