Director/PDMR Shareholding

Standard Life Equity Income Tst PLC
11 September 2006


11 September 2006

             STANDARD LIFE EQUITY INCOME TRUST PLC ('the Company')

                            DIRECTORS SHAREHOLDINGS


Following notification today to the Company by Mr Richard Burns of corrections
to his holdings in the Company, disclosed at the date of his appointment as a
Director on 23 May 2006, Mr Burns' beneficial and non-beneficial holdings are
now as follows -

                                         Number of Ord. Shares             % of issued share class

Beneficial                                       10,000                             0.025
Non-beneficial                                   30,000                             0.075
                                               _________                          _________
                                                 40,000                             0.010
                                               _________                          _________



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