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Appendix 6

The Standard Life Assurance Company was established in 1825 a century
later it was reincorporated as a mutual assurance company.

The Standard Life group originally operated only through branches or
agencies of the mutual company in the United Kingdom and certain other
countries. Its Canadian branch was founded in 1833 and its Irish operations
followed in 1838. This structure substantially prevailed until 1996 when the
company sought to take advantage of the Third Life Insurance Directive,
adopted by the Council of Ministers of the European Community, by opening
a branch in Frankfurt, Germany. It could now sell life products throughout the
Community on the basis of a single authorisation and supervision. It could
offer its UK life assurance and pensions operating model in a market where
local providers could not offer the same depth of product range.

Consequently, the late 1990s saw the group diversify its operations into areas
which complemented its core life assurance and pensions business.
Essentially, it attempted to re-position itself as a broad range financial
services provider.

Standard Life plc
Type Public (LSE: SL.)
Founded 1825
Headquarters Edinburgh, Scotland, UK

Gerry Grimstone, Chairman
Key people
Sandy Crombie, CEO
Industry Financial services
Revenue £10,113 million (2007)

Profit Before Tax £620 million (2007)
Net income £576 million (2007)
Employees 10,500
Website www.standardlife.com