Acquisition of Standard Life Assurance

The conference call may only be attended by persons in the EEA who are qualified investors under the Prospectus Directive (“Qualified Investors”). In addition this conference call may only be attended by persons in the UK who have professional experience in matters relating to Investments under Article 19 of the Financial Services and Markets Act 2000 (Financial Promotions Order) 2005 or who are high net worth entities falling within Article 49 of that order (“relevant persons”). Any investment or investment activity to which this call relates is available only to such persons and will only be engaged in with such persons. Persons who are not Qualified Investors in the EEA nor relevant persons in the UK should not attend this call or rely or act on the contents of this call. In addition, this conference call may only be attended by (i) “U.S. Persons” (as such term is defined in Rule 902 under the United States Securities Act of 1933 as amended (the “Securities Act”)) outside the “United States” (as such term is defined in Rule 902 under the Securities Act) who are “qualified purchasers” (as such term is defined in section 2(a)(51) of the U.S. Investment Company Act of 1940, as amended) or (ii) U.S. Persons who are both “qualified institutional buyers” (as such term is defined in Rule 144A of the Securities Act) and qualified purchasers.