Acquisition

RNS Number : 5717I

Standard Life plc

15 March 2010

 



Standard Life plc

Standard Life acquires threesixty

Standard Life plc ('the Company') today announces that, on 12 March 2010, it purchased outright the intermediary support services business, threesixty, from the former partners.

The Company previously held a 25% stake in threesixty, which comprises threesixty Services LLP, threesixty Support LLP and threesixty IFA LLP.

15 March 2010

Enquiries:

Gordon Aitken, Investor Relations, 0131 245 6799

Patricia Corrigan, Group Communications, 0131 245 5916 or 0774 092 4558

Note:

As at 31 December 2009, the audited gross assets of threesixty were £5.2million.

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