[Proj] coordinates in decimal degrees and Albers Equal Conic projection

[Swagath Navin]

Dear all,

Sorry for being naive, i am completely new to map projections. I have a 
data set with coordinates in decimal degrees (-14.36, 53.23) with the 
following information:

"The coordinates are designed to be used at the scale of the European 
continent (Albers Equal Area Conic projection, with the following 
projection settings: Scale = 1; False Easting(m) = 5000000; False 
Northing(m) = 0; Longitude Origin = 20; Latitude Origin = 0; Standard 
Parallel 1 = 45; Standard Parallel 2 = 55, and the Ellipsoid is WGS 84)"

i would like to know if the coordinates are already in WGS84 or is there 
any conversion required.

Thanks a lot for your time and help.

Navin