Standard Life targets June demutualisation

Eligible members will receive a variable allocation of shares - or cash for those based overseas who are not able to receive shares for legal or practical reasons - depending on: policy type, size of with profits investments at 30 March 2004, and length of time those investments have been continuously invested in with profits as at that date. Members will receive a Vote and Proposal pack which the company plans to send out by the end of April. The packs will include the voting form, share allocation statement (if eligible) and demutualisation proposal document. Information about the nex...