Standard Life Funding

As Agent Bank, please be advised of the following rate determined on:
31-Aug-2006

Issue               : Standard Life Funding B.V. - Series 20 
                      EUR 120,000,000.00  FRN Due 2 Dec 2014
ISIN Number         : XS0194963848
Common Code/        : 19496384
144A ISIN
Issue Nomin     EUR : 120,000,000.00
Period              : 04-Sep-2006 to 04-Dec-2006       Payment Date 04-Dec-2006
Number of Days      : 91
Rate                : 3.514                        
Denomination EUR    : 100,000.00                                      

Amount Payable 
per Denomination    : 888.26                                

JPMorgan Chase Bank
Rate Fix Desk                           Telephone 44 (0) 1202 32 8226
Institutional Trust Services  Facsimille          44 (0) 1202 34 7939

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