RNS Number : 2729F
  Standard Life Invs Property Inc Tst
  07 October 2008
   

    
TR-1:   notification of major interests in shares 

 1. Identity of the issuer or    Standard Life Investments Property Income
 the underlying issuer of                      Trust Limited
 existing shares to which
 voting rights are attached:
 2. Reason for the notification   (please tick the
 appropriate box or boxes)
 An acquisition or disposal of voting rights                    X
 An acquisition or disposal of financial instruments
 which may result in the acquisition of shares
 already issued to which voting rights are attached
 An event changing the breakdown of voting rights
 Other (please specify):____Disclosure for purposes
 of transparency_______
 3. Full name of person(s)                   FIL Limited (FIL)
 subject to the notification
 obligation:
 4. Full name of shareholder(s)                    See 9
 (if different from 3.):
 5. Date of the transaction                   03 October 2008
 (and date on which the
 threshold is crossed or
 reached if different):
 6. Date on which issuer                      06 October 2008
 notified:
 7. Threshold(s) that is/are                         5%
 crossed or reached:
 8. Notified details:





 A: Voting rights attached to shares
 Class/type of shares   Situation previous to the Triggering        Resulting situation after the triggering transaction
  if possible using     transaction 
 the ISIN CODE
                        Number of Shares      Number of Voting      Number of shares   Number of voting        % of voting
                                              Rights viii                              rights ix               rights
                                                                    Direct             Direct  x  Indirect xi  Direct  Indirect
         ISIN:               5,199,626             5,199,626            5,215,751      5,215,751               5.01%
     GB0033875286

 B: Financial Instruments
 Resulting situation after the triggering transaction xii
 Type of financial instrument   Expiration date xiii  Exercise/ Conversion  Number of voting      % of voting rights
                                                      Period/ Date xiv      rights that may be
                                                                            acquired if the
                                                                            instrument is
                                                                            exercised/
                                                                            converted. 


 Total (A+B)
 Number of voting rights  % of voting rights
        5,215,751               5.01%





 9. Chain of controlled undertakings through which the voting rights and/or
 the financial instruments are effectively held, if applicable xv:
 Issuer Name: Standard Life Investments Property Income Fund
 Current ownership percentage: 5.01%
 Total shares held: 5,215,751
 Issued share capital: 104,000,000
 Shares Held         Nominee         Management Company
 5,164,955    JP Morgan, Bournmouth  FIL
 50,796       JP Morgan, Bournmouth  FISL
    FIL Limited (FIL) is the parent holding company for the various direct and indirect subsidiaries, including FIL Fund Management Limited
(FFML), FIL Investment Services Limited (FISL), FIL Gestion (FIGEST), FIL Asset Management (Korea) Limited (FIAKL), FIL Investments
Mangement (Hong Kong) Limited (FIMHK), FIL Pension Management (FPM), Fidelity Investments Japan (FIJ), investment managers for various
non-US investment companies and institutional clients.

 Proxy Voting:
 10. Name of the proxy holder:                               FIL Limited (FIL)
 11. Number of voting rights proxy holder will cease to      16,125 shares
 hold:
 12. Date on which proxy holder will cease to hold voting    03 October 2008
 rights:

 13. Additional information:    None
 14. Contact name:              Evangelos Karatzas
 15. Contact telephone number:  Fil-regulatoryreporting@fil.com


This information is provided by RNS
The company news service from the London Stock Exchange
 
  END 
 
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