Listing Rule 15.5.1 (4)

Securities Trust of Scotland plc
                                 ("the Company)
                    Listing Rule 15.5.1 (4) - 1 October 2009

In  accordance  with  Listing Rule 15.5.1(4), the Company confirms  that  it  is
satisfied  that  all inside information known to the Directors and  the  Company
leading up to the announcement of the half year results for the period ended
30 September 2009 has been notified to a Regulatory Information Service ("RIS").

The  Company is therefore exempt during the close period from the provisions  of
the  Model  Code  in  respect  of  dealings by  persons  discharging  managerial
responsibilities and purchases of its own securities. If, in the period  leading
up  to  the announcement of the results, the directors or the Company come into
possession of any inside information, this will be notified to a RIS before any
such transactions are undertaken.

Tamsin Hooton
Martin Currie Investment Management Limited
Company Secretary