Standard Life Assurance Company: SL MACS and SL MACS (No.2) plc

Nov 4, 2004 Provision of a director to these two issuing companies.


We provide a director to each of SL MACS plc and SL MACS (No.2) plc. These companies issue mutual assurance capital securities, which are quoted euro bonds, the proceeds being advanced by the companies to Standard Life Assurance Company under a subordinated members account agreement. Law Debenture also provides trustee services within the structure.

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