New self invested personal pension special offer from Fidelity FundsNetwork

London, 2 May 2008 – Fidelity FundsNetwork™ is launching a brand new special offer for the rest of 2008 on its Self Invested Personal Pension (‘SIPP’).

FundsNetwork will waive the annual administration charges for all new SIPP clients who invest solely in FundsNetwork’s core investment range* for applications with a gross value of £250,000 and above. The special offer effectively removes the yearly administration charge (currently £260 p.a.) for the lifetime of the pension.

The FundsNetwork SIPP Price Edge

Qualifying cases receive:

• yearly administration charges - NIL
• initial fund charges** - NIL!
• fund switching charge** - NIL!
• transfer charge - NIL!
•  the offer applies even in drawdown as long as the plan remains in core investments.

(Other charges will apply)

For more information, advisers can visit: www.fundsnetwork.co.uk or call 0800 023 41 41 for a quote.

FIL Limited and its subsidiary companies serve the major markets of the world by providing investment products and services to individuals and institutional investors outside the US. The FIL Organisation manages a total of £150.9 billion of assets.***

Notes to editors:

_{*Eligible customers for the offer are new SIPP customers submitting applications with a gross value of £250,000 and above, investing in ‘core investments’ (platform mutual funds, Standard Life Policy Funds and the SIPP Bank Account). Where a client invests outside the core investment range they will cease to qualify for the offer and standard administration charges will apply. In order to qualify for the offer a valid quote must be obtained and the application accepted before the offer is withdrawn. The SIPP special offer is available between 12 May and 31 December 2008 although FundsNetwork reserves the right to withdraw this offer at any time. FundsNetwork will give two weeks' notification of termination.}

_{**Dual priced funds may attract additional charges relating to any bid/offer spread applicable.}

_{*** Source: Fidelity as at 31.12.07}

_{FundsNetwork, Fidelity’s fund platform, was launched in June 2000. It offers advisers and their clients the ability to invest, manage and monitor their investments in one place, bringing them control, efficiency and new business opportunities. The FundsNetwork service is offered and managed by Financial Administration Services Limited. FundsNetworkTM is a trademark of FIL Limited. The FundsNetwork SIPP is provided and administered by Standard Life Assurance Limited. Financial Administration Services Limited (a FIL group company) is registered in England and Wales (no 1629709) Registered office Oakhill House, 130 Tonbridge Road, Hildenborough, Tonbridge, Kent, TN11 9DZ. Standard Life Assurance Limited is registered in Scotland (SC286833) Standard Life House, 30 Lothian Road, Edinburgh, EH1 2DH. Both companies are authorised and regulated by the Financial Services Authority. Calls may be recorded and monitored to help improve customer service. Any opinions expressed are made at the time of writing and can be subject to change without notification. The value of investments and the income from them can go down as well as up and an investor may not get back the original amount invested. Investors should also note that the views expressed may no longer be current and may have already been acted upon by Fidelity. Assets as at 31.12.07 are those of FIL Limited.}