OFFICE BUILDING LEASE



                                       FOR



                  10689 N. PENNSYLVANIA, INDIANAPOLIS, INDIANA



                                 BY AND BETWEEN



                        STANDARD MANAGEMENT CORPORATION,



                                   AS LANDLORD



                                       AND



                   STANDARD LIFE INSURANCE COMPANY OF INDIANA



                                    AS TENANT



{PAGE}



                                    EXHIBITS



               EXHIBIT A       PLAN SHOWING LOCATION OF BUILDING



               EXHIBIT B       PLAN SHOWING LOCATION OF PREMISES



                                       2



{PAGE}



                              OFFICE BUILDING LEASE



         THIS LEASE, made as of this 28th day of December, 2001, by and between

Standard Management Corporation, an Indiana corporation ("Landlord"), and

Standard Life Insurance Company of Indiana, an Indiana life insurance company

("Tenant").



                              W I T N E S S E T H:



         1.       Premises. As used in this Lease, the term "Building" shall

mean the building containing approximately 56,179 rentable square feet

constructed on a tract of land shown on Exhibit A attached hereto ("Lot")

located at 10689 N. Pennsylvania, in Indianapolis, Indiana (the Building, the

Lot and any other improvements thereon being hereinafter collected called the

"Property"). Landlord does hereby demise and let unto Tenant, and Tenant does

hereby lease and take from Landlord, for the term and upon the terms, covenants,

conditions and provisions set forth herein, all that certain portion of the

first and second floors of the Building. containing approximately 43,092 square

feet as shown cross-hatched on Exhibit B attached hereto (the "Premises"),

together with the right, in common with other occupants of the Building, to use

the driveways, sidewalks, loading and parking areas, lobbies, hallways and other

common area facilities. Tenant agrees that Tenant's consent shall not be

required for any additions, reductions or modifications of such common area

facilities, including the construction of free-standing buildings on any

portions of the common areas.



         2.       Term. The term of this Lease (the "Term") shall commence on

January 1, 2002 (the "Commencement Date"), and shall end on December 31, 2011

(the "Termination Date"), unless otherwise extended or sooner terminated as

provided herein, subject to the terms, covenants and agreements herein

contained.



         3.       Minimum Rent. Tenant shall pay an annual Minimum Rent

initially calculated at $17.50 per square foot of the Premises, in equal monthly

installments, in advance, on the first day of each calendar month during the

Term, without any prior demand therefor and without any deductions or set-offs

whatsoever; provided, however, that rent for the first full month shall be paid

upon the execution of this Lease by Tenant. If the Term commences on a day other

than the first day of a calendar month, or ends on a day other than the last day

of a calendar month, then the Minimum Rent for such fractional month shall be

prorated on the basis of 1/365th of the annual Minimum Rent for each day of such

fractional month. After this Lease has been in effect for 60 months, the Minimum

Rent shall be adjusted once thereafter by taking the Minimum Rate then in effect

and multiplying it by the cumulative percentage change in the U.S. Consumer

Price Index for the prior 60-month period, and adding the result of such

calculation to the previous Minimum Rent ("Adjusted Minimum Rent"). This

Adjusted Minimum Rent shall be payable, in equal monthly installments, beginning

with the installment due on the first day of the sixty-first (61st) month, and

through the remainder of the Term. In addition, Tenant shall pay Landlord

without set-off the additional rent as hereinafter set forth. Unless otherwise

specifically provided, all sums shall be paid to Landlord at the address given

in Paragraph 25 hereof.

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