Additional Listing

Standard Chartered PLC
04 November 2002

Not for distribution in the United States or Japan



Standard Chartered PLC
Exercise of Over-Allotment Option

Standard Chartered announces that Goldman Sachs, on behalf of the Placing
Underwriters, exercised the Over-allotment Option in full on 1 November 2002 to
require Standard Chartered to allot and issue 4,565,200 additional Shares (the
'Over-allotment Shares'). The Over-allotment Shares represent approximately 0.4
per cent of the issued share capital of the Company as enlarged by such exercise
of the Over-allotment Option (assuming no other issues of any Shares after 31
October, 2002), and are being issued at HK$84.00 per Share (being the Offer
Price in respect of the Share Offer). All the Over-allotment Shares will be made
available to cover over-allocations under the Placing.

The net proceeds from the issue of the Over-allotment Shares will be
approximately HK$372 million (US$48 million).

Application has been made to the UK Listing Authority for the Over-allotment
Shares to be admitted to the Official List and to the London Stock Exchange for
these shares to be admitted to trading. Dealings are expected to commence on 5
November, 2002.



This release is for information purposes only and does not constitute an
invitation to acquire, purchase or subscribe for securities. This release is
not, and is not intended to be, an offer of securities for sale in the United
States or elsewhere. Securities of Standard Chartered PLC may not be offered or
sold in the United States absent registration or an exemption from registration
under the U.S. Securities Act of 1933. There is not, and is not intended to be,
a public offering of the securities of Standard Chartered PLC in the United
States.

This release should not be transmitted or otherwise distributed in any manner in
whole or in part in Canada, Japan or the United States.


                      This information is provided by RNS
            The company news service from the London Stock Exchange              NDRGZZG