Standard Life Funding


As Agent Bank, please be advised of the following rate determined on:29-May-2008
Issue               : Standard Life Funding B.V. - Series 20
                      EUR 120,000,000  FRN Due 2 Dec 2014
ISIN Number         : XS0194963848
Common Code/        : 19496384
144A ISIN
Issue Nomin     EUR : 120,000,000.00
Period              : 02-Jun-2008 to 02-Sep-2008     Payment Date 02-Sep-2008
Number of Days      : 92
Rate                : 5.11
Denomination EUR    : 100,000.00
Amount Payable
per Denomination    : 1,305.89

Bank of New York
Rate Fix Desk                           Telephone 44 1202 689580
Institutional Trust Services  Facsimille          44 1202 689601



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