Vebnet and Standard Life Launch Box of Benefits

EDINBURGH, March 25, 2011 - Vebnet and Standard Life announce the launch of their Box of Benefits
(BOB). BOB is an off-the-shelf employee benefits solution designed
specifically for UK-based SME companies.

This new proposition has been built using technology from Vebnet, a
market-leading provider of technology and services for reward and benefit
strategies, and is based on insight from employers looking for a packaged
solution.

The business of selecting and managing benefits can take a lot of time,
administration and money, however BOB makes it easier for employers to offer
their employees great staff benefits packages
(www.vebnet.com/Products/Flexible-Benefit-and-Total-Reward-Products—Vebnet.aspx)
including a pension, because it is simple to manage and
affordable. This is achieved through a single online portal that helps with
employee benefits management
(www.vebnet.com/Benefits-administration—Vebnet/Benefits-administration—Vebnet.aspx),
the administration of the benefits and reporting requirements.

BOB can be personalised for every company and implemented quickly.
Employees receive access to BOB's user-friendly online technology, with the
option to choose from a range of employee benefits, including childcare
vouchers, money off bicycles, dental insurance, private medical insurance,
pension and travel insurance.

Gerry O'Neill, managing director of corporate solutions said: "Most
employers now realise the value of a good benefits package. But for some
there is still the concern that it is going to be too costly, or that the
administration will take up too much time. Box of Benefits
(www.boxofbenefits.com/) can solve these problems through a boxed up
solution that makes flex cost-effective."

About Vebnet (www.vebnet.com/):

Vebnet have been specialising in creating global employee benefits
solutions for over 10 years. It is part of the Standard Life Group, one of
the leading savings and investment providers.

It has over 200 dedicated flexible employee benefit and technology
industry experts with expertise in designing, implementing, managing and
advising on reward programmes.

Its creative ideas are supported by its market-leading in-house
technology. This integrated reward portal brings together all elements of
employee total reward and employee benefit schemes to engage employees and
optimise the employee benefits strategy.

It supports over 200 organisations, covering in excess of 400,000
employees, who represent some of the world's most progressive employers such
as PepsiCo, Airbus, National Grid and JP Morgan. Its solutions have been
implemented across Europe, Asia, North and Latin America in languages such as
Chinese, Thai, and Spanish.

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the hyperlinks into your Internet browser's URL address field. Remove the
space if one exists.)

    Press Contact:

    Steven Hartley
    Public Relations Manager
    Standard Life plc
    Ground Floor
    Caledonian Exchange
    19a Canning Street
    Edinburgh
    EH3 8EG
    +44(0)131-245-1365
    www.vebnet.com

Press Contact: Steven Hartley, Public Relations Manager, Standard Life plc, Ground Floor, Caledonian Exchange, 19a Canning Street, Edinburgh, EH3 8EG, +44(0)131-245-1365