Pack sent to Directors in advance of meeting on 20/09/2005

• Reference:GB 2078 SL/BP/1/173
• Former Reference:GB 2078 SLB21 SLB22 SLB23 EX30/15
• Dates of Creation:2005
• Name of Creator:
  Standard Life Assurance Company Board of Directors
• Language of Material:English
• Physical Description:
  1 box of papers

• Scope and Content

  Consists of Agenda and decision tree to help the board decide of whether to approve demutualisation. IPO Process and Standards paper. Timetable of board meetings. Minutes of July and August meetings and investment grade tables.

  Item 1 - Actions from Demutualisation Committee 13/09/2005. Item 2 - 2 assessment of the actual performance of each major business unit vs plan for year to date. Revised 2005 - 2010 forecasts. Consulting Actuaries Report 2004/2005. Corporate and Fund Structure. Banks Valuation at the business at IPO. Item 3 - Draft s2.15 Controls Report with PwC review complete. Item 4- Outline PPFM for Pegasus Life. Scheme Due Diligence Checkpoint. Compensation Scheme Update. Programme Assurance Report. Risk Assessment Across the Programme. Legal Risk Assessment. Complaints Update. Campaign Update. Costs of Demutualisation. Forward Plan for Demutualisation and IPO. Closure of Membership. Timing of 2006 AGM. Item 5 - Comparison of Demutualisation and IPO Versus other options. 2004 Mutual Accounts IFRS primary statements and key disclosures only2003-2005 short form reports. PwC interim long form report. Item 6 - Consulting Actuaries reports. Project Pegasus IPO Valuation Update.

• Administrative / Biographical History

  Periodically sent to archive from 2008 onwards by company secretariat

• Arrangement

  Modified ISAD(G)

• Access Information

  Not Public Record(s)

  Access in person only subject to confidentiality restrictions. No reproduction of these records is permitted without permission from the abrdn Company Secretary.

• Acquisition Information

  Company secretariat colleagues

• Accruals

  None expected