Standard Life Launches Health & Wellness Web site

MONTREAL, April 5, 2004 – Standard Life’s Group Insurance division announced today the launch of a new Web site dedicated to the promotion of health and wellness. The virtual health and wellness centre was developed in the context of the line of business theme – Well. And well worth it. It includes information on key health and wellness issues such as physical activity, nutrition, heart health and prevention.

“Health and wellness is an important element in today’s group insurance marketplace. The launch of this new Web site reinforces Standard Life’s commitment to providing our clients with quality information in the area of health and wellness,” says Camille Isaacs-Morell, Manager, Marketing and Strategy, Group Insurance.

Intertwined with this information, interactive tools assist visitors in making informed health and lifestyle choices. The Web site also features a Health & Wellness Directory which provides one-stop online access to resources on a range of health-related issues, as well as a month-by-month calendar of health and wellness events.

Within the Group Insurance business, Standard Life offers a complete line of coverage and risk sharing options ranging from complete protection to administrative services only. Through product quality, specialist teams, leading-edge technology and services, Standard Life offers customized group life and health plans to meet the needs of every customer. Group life and health insurance, dental care, short and long-term disability, travel assistance and accidental death and dismemberment insurance are provided. In addition, disability consulting, rehabilitation services, an employee
assistance programme and programmes to promote health and wellness are offered to clients.

In Canada, The Standard Life Assurance Company and its affiliated companies have $33.1 billion in assets under management. The Company offers a wide range of financial products, including group savings and retirement, group insurance, individual life insurance, savings and retirement, and mutual funds. We also provide portfolio management and real estate and mortgage investment services. Total premium income and deposits reached $3.9 billion in
2003 with over 1.1 million clients. ( )

The Standard Life Assurance Company, founded in Edinburgh (Scotland) in 1825, is a mutual company. However, the Company’s status is under review and demutualization is a possible outcome. The Company has $206.3 billion in assets under management and over 5 million customers around the world. ( )