Standard Life plc (LSE: SL.

) is a long term savings and investment business, with headquarters

in Edinburgh and operations across the globe. It has 1.5 million shareholders in more than 50
countries and over 6 million customers. Standard Life provides pensions, long term savings and
investment management products. Standard Life’s assets under administration at 30 June 2010
were £179 billion.

The Standard Life Group has around 10,000 employees across the UK, Canada, Ireland, Hong
Kong and the USA, with representative offices in Germany, France, South Korea and Australia
and China. Standard Life Investments also operates in India through a joint venture, HDFC
AMC.

History
The Standard Life Assurance Company ("Standard Life") was established in 1825 and the first
Standard Life Assurance Company Act was passed by Parliament in 1832.

The company was reincorporated as a mutual assurance company in 1925. It originally operated
through branches or agencies of the mutual company in the United Kingdom and a number of
other countries including Canada and Ireland.

The Canadian division of Standard Life was founded in 1833 and Irish operations in 1838. This
largely remained the structure of the group until 1996, when it opened a new division in
Frankfurt, Germany.

On 10 July 2006, after 80 years as a mutual company, Standard Life Assurance Company
demutualised and Standard Life plc was listed on the London Stock Exchange. Standard Life
now has approximately 1.5 million individual shareholders in over 50 countries around the
world.

Business subsidiaries
Standard Life joint ventures

India
Standard Life’s joint venture company, HDFC Standard Life Insurance Company Limited (HDFC SL), was
established in 2000 with partner Housing Development Finance Corporation Limited. HDFC SL is
headquartered in Mumbai and has an extensive network of branches nationwide. The company offers a
range of individual savings, pensions and protection products, as well as group term assurance and
savings products. Products are distributed through financial consultants, corporate agents, brokers and
bancassurance partners and through a direct sales force.

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