Director/PDMR Shareholding

Standard Life Equity Income Tst PLC
16 February 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

    Richard Burns


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)

As in 3).


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 3).


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)

    Smith & Williamson Nominees


8)  State the nature of the transaction.
    Acquisition


9)  Number of shares/amount of stock acquired

    50,000 shares


10) Percentage of issued class acquired

    0.13%


11) Number of shares/amount of stock disposed

    -


12) Percentage of issued class disposed

    -


13) Price per share

    335.00 pence


14) Date of transaction

    16 February 2007


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

    60,000 Ordinary shares, 0.16% (beneficial)

    30,000 Ordinary shares, 0.08% (non-beneficial)


16) Date company informed

    16 February 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 - 16 February 2007




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