Director/PDMR Shareholding

Standard Life Equity Income Tst PLC
28 June 2007



   NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL
                      RESPONSIBILITY OR CONNECTED PERSONS


1)  Name of company

    STANDARD LIFE EQUITY INCOME TRUST PLC



2)  State whether notification is in respect of a transaction notified in
accordance with DR 3.1.4R(1)(a) or DR 3.1.4R(1)(b) or both

    Both

3)  Name of director

    Christopher Rowlands


4)      State whether notification relates to a person(s) connected with a
person discharging managerial responsibilities/director named in 3 above and
identify the connected person(s)


Purchases by Mrs A M Rowlands (wife)



5) Indicate whether notification is in respect of a holding of the person named
in 3 or 4 above or in respect of a non beneficial interest


    As in 4.



6)  Class of security

    ORDINARY 25p

7)  Name of the registered shareholder(s) and, if more than one holder, the
number of shares held by each of them (if notified)

    n/a


8)  State the nature of the transaction.



    Acquisition

9)  Number of shares/amount of stock acquired


    44 shares


10) Percentage of issued class acquired


    0.00012%

11) Number of shares/amount of stock disposed

    -

12) Percentage of issued class disposed

    -


13) Price per share

    330.00 pence

14) Date of transaction

    22 June 2007


15) Total holding and percentage holding of issued class following this
notification

    4,956 Ordinary shares, 0.013%


16) Date company informed

    24 June 2007


Name of contact and telephone number for queries

STUART REID - TEL: [phone]



Name and signature of authorised company official responsible for making this
notification


STUART REID


Date of Notification - 28 June 2007



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