Additional Listing

Standard Chartered PLC
15 October 2002

           NOT FOR DISTRIBUTION IN JAPAN, CANADA OR THE UNITED STATES



                                                               15th October 2002

                             Standard Chartered PLC

                       Hong Kong Listing and Share Offer



Hong Kong, 15 OCTOBER 2002 - Standard Chartered today announced its intention to
proceed with a dual primary listing on The Stock Exchange of Hong Kong Limited
(the 'SEHK'). The listing will be accompanied by an offer of new shares (the
'Share Offer'). The Share Offer consists of a Hong Kong Public Offer and an
Institutional Offer, launching on Monday, 21 October 2002. The size of the offer
will not be more than 5% of the total issued share capital of the Company.

'This is the first time a major London listed company has launched a dual
listing in Hong Kong. That demonstrates our strong commitment to Hong Kong,
which is our largest market. We expect this listing will help broaden our
shareholder base in Asia,' said Standard Chartered's Group Chairman, Sir Patrick
Gillam.

Details of the Hong Kong Public Offer are scheduled to be made available to Hong
Kong investors through a Prospectus and application forms, which will be
available from the launch date. Prospectuses, in both English and Chinese, and
application forms will be available from 30 designated branches of Standard
Chartered Bank and Bank of China (Hong Kong) or any member of the Hong Kong
Public Offer syndicate.

Leaflets will be available at most branches of Standard Chartered Bank and
several branches of Bank of China (Hong Kong) from Tuesday, 15 October to help
answer questions pertaining to the Hong Kong Public Offer. Information will also
be available from a dedicated Share Offer website at www.scbhklisting.com.hk and
a dedicated Hong Kong Public Offer Hotline on 183-3828, which will commence
operation on Tuesday, 15 October.

In keeping with Standard Chartered's objective of encouraging retail
participation, it is expected that a sizeable portion of the Share Offer will be
made available to Hong Kong retail investors.

Goldman Sachs (Asia) L.L.C. will act as Bookrunner and Joint Lead Manager of the
Institutional Offer and Sponsor of the Hong Kong Public Offer. Cazenove Asia
Limited will act as Joint Lead Manager of the Institutional Offer and Co-Sponsor
of the Hong Kong Public Offer.

Further details of the Offering will be announced at a press conference to
formally launch the Offering which will be held at 12:00 noon (Hong Kong time)
on Sunday, 20 October. The event will be hosted by Mr. Mervyn Davies, Standard
Chartered's Group Chief Executive and will be held in Standard Chartered's
offices in Hong Kong at Bishopsgate, 30th Floor, 4A Des Voeux Road, Central,
Hong Kong.

Company Background

Standard Chartered is the world's leading emerging markets bank. It employs
28,000 people in over 500 offices in more than 50 countries in the Asia Pacific
Region, South Asia, the Middle East, Africa, United Kingdom and the Americas.


The Bank serves both Consumer and Wholesale banking customers. Consumer Banking
provides credit cards, personal loans, mortgages, deposit taking and wealth
management services to individuals and small/medium sized businesses. The
Wholesale Bank provides services to multinational, regional and domestic
corporate and institutional clients in trade finance, cash management, custody,
lending, foreign exchange, interest rate management and debt capital markets.

With nearly 150 years in the emerging markets the Bank has unmatched knowledge
and understanding of its customers in its markets. Standard Chartered recognises
its responsibilities to its staff and to the communities in which it operates.

For further information, please contact:

Steve Seagrove, Group Head of Corporate Affairs ([phone])

Ben Hung, Head of Investor Relations ([phone])

Paul Marriage, Head of Media Relations ([phone])

Bethy Tam, Regional Head of Corporate Affairs, HK, China, NE Asia (+852 2820
3812)

Lavina Chan, Senior Corporate Affairs Manager, HK, China, NE Asia (+852 2820
3075)

                                    - Ends -

This release is not, and is not intended to be, an offer of, or an invitation to
purchase or to induce an offer by any person to acquire or purchase, securities
of Standard Chartered PLC within Hong Kong, the United States or elsewhere nor
is it or is it intended to be an offer of, or an invitation to purchase or to
induce an offer by any person to acquire or purchase, securities of Standard
Chartered PLC in any jurisdiction or in any circumstances in which such an offer
or invitation is not authorised or to any person to whom it is unlawful to make
such an offer or invitation. This release should not be transmitted or otherwise
distributed in any matter in whole or in part in Canada, Japan or the United
States. Securities of Standard Chartered PLC may not be offered or sold in the
United States unless they have been registered, or are offered or sold pursuant
to an exemption from registration, under the U.S. Securities Act of 1933, as
amended. The securities being offered in the Share Offer have not been, and will
not be, registered under the U.S. Securities Act of 1933, as amended.

The Stock Exchange of Hong Kong Limited takes no responsibility for the contents
of this release, makes no representation as to its accuracy or completeness and
expressly disclaims any liability whatsoever for any loss howsoever arising from
or in reliance upon the whole or any part of the contents of this release.

The Share Offer is not being made in the United Kingdom except to persons who
(i) are persons falling within Article 49 of the Financial Services and Markets
Act 2000 (Financial Promotion) Order 2001 (as amended) (the 'Order') or (ii) who
have professional experience in matters relating to investments who fall within
Article 19 of the Order. In the United Kingdom the shares under the Share Offer
are only available to, and any invitation, offer or agreement to subscribe,
purchase or otherwise acquire such shares will only be available to, or will be
engaged in only with, such persons.


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