Director/PDMR Shareholding

Standard Life plc
02 May 2007

                               Standard Life plc

                                ('the Company')





 Notification of Interests of Executive Directors and Other Persons Discharging
                     Managerial Responsibilities ('PDMRs')





1. The Standard Life Share Plan



Standard Life plc was advised yesterday by Computershare Investor Services plc
that, on 30 April 2007, the under-mentioned executive directors and other PDMRs
acquired the following interests in ordinary shares as a result of participation
in The Standard Life Share Plan:


                                           Number of Shares Purchased    Price and Place of Transaction
Executive Directors
Trevor John Matthews                                    8                £3.2413 - UK
Norman Keith Skeoch                                    39                £3.2413 - UK
Other PDMRs
Anne Margaret Gunther                                  39                £3.2413 - UK
Michael Andrew Hall                                    39                £3.2413 - UK
Marcia Dominic Campbell                                39                £3.2413 - UK
Joseph Iannicelli                                      34                C$7.19562 - Canada



Each individual also received from the Company 7 free shares (except Mr
Iannicelli who received the right to acquire 6 matching shares at a future date)
in accordance with the share purchase matching commitment under the Share Plan.



As eligible employees, all of the above, plus Alexander Maxwell Crombie and
David Thomas Nish, also received a further 100 free shares on 1 May 2007 on the
basis of the performance of the Company to 31 December 2006.





2. Long Term Incentive Plan



On 1 May 2007 the Company granted the following awards in the form of nil-cost
options ('Awards') under the Standard Life Long Term Incentive Plan ('LTIP')




Name                                            Number of Shares under    Total number of Shares under LTIP
                                                       2007 LTIP Award                               Awards
Executive Directors
Alexander Maxwell Crombie                             397,294                       1,350,010
Trevor John Matthews                                  166,381                        559,565
Norman Keith Skeoch                                   87,078                         248,384
David Thomas Nish                                     150,831                        269,560




Other PDMRs
Anne Margaret Gunther                                79,614                         270,762
Michael Andrew Hall                                  62,198                         209,792
Marcia Dominic Campbell                              74,638                         248,042
Joseph Iannicelli                                    56,283                         166,214



The LTIP



The Awards will vest on 1 May 2010, but only to the extent that certain
performance criteria based on return on capital are satisfied by the Company
over a three-year performance period which commenced on 1 January 2007.  Further
information is available in the Company's remuneration report for the year ended
31 December 2006.  Once vested, an Award may be exercised in the 6 months
thereafter.  No consideration is payable on the grant or vesting of the Awards.







This notice is given in fulfilment of obligations under DTR 3.1.4 (R).





2 May 2007





Enquiries:



Julie Reith, Group Secretariat, 0131 245 6772
Barry Cameron, Press Office, 0131 245 6165
Gordon Aitken, Investor Relations, 0131 245 6799









END






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