As Agent Bank, please be advised of the following rate determined            on: 28-Nov-2008
 Issue                             � Standard Life Funding B.V - Series 20
                                   EUR 120,000,000.00 FRN Due 02-Dec-2014
 ISIN Number                       � XS0194963848
 Common Code / 144A ISIN           � 19496384
 Issue Nomin EUR                   � 120,000,000.00
 Period                            � 02-Dec-2008 to 02-Mar-2009              Payment Date 02-Mar-2009
 Number of Days                    � 90
 Rate                              � 4.103
 Denomination EUR                  � 100,000.00            �                                    �
                                                                                                     
 Amount Payable per Denomination   � 1,025.75              �                                    �
                                                                                                     
 Bank of New York
 Rate Fix Desk                                             Telephone         � 44 1202 689580
 Corporate Trust Services                                  Facsimile         � 44 1202 689601
    
    
    


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