Additional Listing

Standard Chartered PLC
21 October 2002



           NOT FOR DISTRIBUTION IN JAPAN, CANADA OR THE UNITED STATES

                             Standard Chartered PLC

                  Details of Share Offer and Hong Kong Listing

Hong Kong, 20 OCTOBER 2002 - Standard Chartered PLC ('Standard Chartered' or the
'Company') today released further details of the proposed Listing of its shares
on The Stock Exchange of Hong Kong Limited (the 'SEHK') and Share Offer.

Standard Chartered intends to sell approximately 35 million new shares, or 3.1%
of the issued share capital of the Company through the Share Offer, including a
15% over-allotment option. The Share Offer consists of a Hong Kong Public Offer
and an Institutional Offer, both opening tomorrow.

Based on the closing price of the Company's shares on the London Stock Exchange
on Friday, October 18, of GBP7.54, the size of the Share Offer, inclusive of the
over-allotment option, will be approximately GBP264mm (HK$3,188mm).

The maximum offer price to be paid by investors in the Hong Kong Public Offer
will be HK$103 per share (excluding a 1% brokerage, a 0.007% Securities and
Futures Commission transaction levy and a 0.005% SEHK trading fee, all of which
will be payable by such investors). The maximum offer price has been set at a
premium to the closing price of Standard Chartered's shares on the London Stock
Exchange on Friday, 18 October of GBP7.54 per share (equivalent to HK$91.10 per
share), in order to accommodate potential movements in the Company's share price
prior to the closing of the Hong Kong Public Offer. The final offer price will
be determined after the close of trading of Standard Chartered shares on the
London Stock Exchange on Friday, 25 October. Under no circumstances will the
final offer price to be paid by Hong Kong retail investors exceed the offer
price to be paid by investors in the Institutional Offer or the maximum offer
price stated in the application forms.

'We have been a note-issuing bank in Hong Kong for 141 years. It's part of our
heritage but more importantly it's a fundamental part of our future. This dual
primary listing - the first by a major London-listed company - demonstrates our
complete confidence in Hong Kong', said Sir Patrick Gillam, Chairman of Standard
Chartered.

'This listing will allow investors in Hong Kong and Asia to invest easily in our
shares. A broader shareholder base in Asia will support our growth going
forward', said Mr. Mervyn Davies, Standard Chartered's Group Chief Executive.

Details of the Offering

The initial tranche size for retail investors under the Hong Kong Public Offer
is 10% of the base Share Offer size. 1.5% of the Share Offer will be reserved
for eligible employees of Standard Chartered and its consolidated subsidiaries
(including Standard Chartered Bank) (the 'Group').

The final split of shares between the Hong Kong Public Offer and the
Institutional Offer will be based on various factors, including levels of
demand, and will be finalised following the closing of the Institutional Offer
on Friday, 25 October (the Hong Kong Public Offer will close one day earlier, on
Thursday, 24 October). In line with the Company's objective of encouraging
retail participation, a portion of the Institutional Offer may, depending on
retail demand, be clawed back to increase the size of the Hong Kong Public
Offer. The Company has approval from the SEHK to offer more shares to retail
investors than the minimum clawback triggers prescribed by the SEHK.

Prospectuses and application forms for the Hong Kong Public Offer will be
available to Hong Kong retail investors from 9:00 am on Monday, 21 October and
will contain full details about the Hong Kong Public Offer and the Company. The
Hong Kong Public Offer will close at 12:00 noon on Thursday, 24 October and the
final offer price is scheduled to be published on or before Tuesday, 29 October.
Dealing in the Company's shares on the SEHK is expected to commence on Thursday,
31 October.

Application forms and copies of the Prospectus, in English and Chinese, 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. Hong
Kong residents may view the Prospectus and application forms on the official
Standard Chartered Share Offer website at www.scbhklisting.com.hk, beginning at
9:00 am on Monday, 21 October. Potential investors in Hong Kong may make
enquiries, including on how to apply for shares, by calling the Standard
Chartered Share Offer hotline at 183-3828 from now until Wednesday, 6 November.

There will be three different application forms in the Hong Kong Public Offer:
(i) White forms for investors with a Hong Kong address who would like the share
certificates to be registered in their own names; (ii) Yellow forms for those
who wish the shares to be issued in the name of HKSCC Nominees Limited and
deposited directly into the Central Clearing and Settlement System ('CCASS');
and, (iii) Pink forms for eligible employees of the Group who wish to receive an
assured entitlement of a fixed number of shares. CCASS Participants and CCASS
Investor Participants may also give electronic application instructions via
CCASS to Hongkong Clearing.

Copies of the above documents have been submitted to the UK Listing Authority,
and will shortly be available for inspection at the UK Listing Authority's
Document Viewing Facility, which is situated at:

Financial Services Authority 25 The North Colonnade Canary Wharf London E14 5HS

Tel. no. (0)20 7676 1000

(Documents will usually be available for inspection on Monday 21 October, 2002).



 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 lie to its staff and to the communities in which it
operates.



For further information, please contact:

Steve Seagrove     Tel: [phone]

Group Head of Corporate Affairs     Mobile: [phone]

Ben Hung     Tel: [phone]

Head of Investor Relations     Mobile: [phone]

Paul Marriage     Tel: [phone]

Head of Media Relations      Mobile: [phone]

Bethy Tam     Tel: [phone]

Regional Head of Corporate Affairs, HK, China, NE Asia     Mobile: [phone]

Lavina Chan     Tel: [phone]

Senior Corporate Affairs Manager, HK, China, NE Asia     Mobile: [phone]



                                    - 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 Securities and Futures Commission and The Stock Exchange of Hong Kong
Limited take no responsibility for the contents of this release, make no
representation as to its accuracy or completeness and expressly disclaim 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