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Standard Life announcement on the Sterling Fund

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Following the fall in the Standard Life Sterling Fund of 4.8% on 14 January 2009, Standard Life have announced that they will put investors in the Sterling Fund back in the position they were in before the 4.8% fall.  Members who have transferred units out of the Sterling Fund since 14 January will also be compensated for the fall as will members who have withdrawn units, eg on retirement, since 14 January.  Standard Life will make these adjustments on Friday 13 February 2009.

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