BusinessPresentations in Asia

Standard Chartered PLC
10 May 2002

Standard Chartered PLC has organised a series of business presentations in Hong
Kong, Shanghai and Bangkok for sell-side analysts, during the week commencing
13th May. The presentation slides, together with additional bullet points, will
be available on Standard Chartered's website each day
(www.standardchartered.com).

A number of the Bank's senior management team will participate, including

Mike DeNoma, Group Executive Director with responsibility for Consumer Banking;
Peter Wong, Director of Standard Chartered Bank with responsibility for North
East Asia; Vishnu Mohan, Chief Executive Thailand; Jaspal Bindra, Chief
Executive, India; and David Edwards, Group Head of Risk Management.

A summary of each day is as follows:

Day 1


        Hong Kong Overview, Economy, Consumer Banking and Wholesale Banking
        Presentations

Day 2


        Consumer Bank - Overview, Risk Management, Business Intelligence Unit,
        Brand / Marketing, Singapore and Taiwan businesses. Shared Service
        Centres. Economic Overview SE Asia.

Day 3


        China Overview, Economy, and Business Presentations

Day 4


        Thailand Overview, Economy and Business Presentations

Day 5


        India Overview, Economy and Business Presentations

Mervyn Davies, Group Chief Executive, said: 'We are focused on delivering
performance from our business and turning potential into results. We have
excellent market positions, not just in Hong Kong but also a range of other
markets'.



Key themes from each day will be:

Day 1:

Standard Chartered is facing challenging conditions in Hong Kong at the current
time, with deflation persisting and personal bankruptcies affecting the
unsecured lending portfolio. Bankruptcy related bad debts rose from US$45
million in Q4 2001 to US$66 million in Q12002. It is unclear whether or not this
trend has peaked, however Standard Chartered is confident that the situation
will improve over time due to the actions it has taken (for example: reducing
selected credit lines, lobbying for the establishment of a credit bureau), and
as the economy improves. We continue to believe that our cards and personal loan
businesses offer excellent potential.

Overall Hong Kong continues to offer good prospects and Standard Chartered is
strongly positioned.

Mortgage pricing pressure in Hong Kong is tapering off and Standard Chartered
continues to grow market share taking a 19% share of new business in the first
quarter.

Wealth management will become an increasingly important contributor to the Hong
Kong business. In 2001 Standard Chartered's mutual fund distribution,
bancassurance and retail FX businesses all achieved strong growth.

We have a strong Wholesale Banking business in Hong Kong which has demonstrated
good growth in high returning products such as cash management and global
markets, where we are a leading player.

Day 2:

Standard Chartered's markets have a large and growing demand for consumer
banking services. With its focus on attractive customer segments and products
Standard Chartered is well positioned to take advantage of this opportunity.
Standard Chartered is growing fast in large markets but where current market
share is low.

Standard Chartered's Consumer Banking business is targeting a sub-50%
cost-income ratio over time.

Standard Chartered has strong skills in risk management and knowledge-based
management which are applied to the Consumer Banking business. Increases in
delinquency levels (30dpd) were relatively limited in 2001.

The recent launch of its new brand is revitalising Standard Chartered's image.

In Singapore Consumer Banking has achieved an excellent recent performance. With
the benefit of the enhanced QFB licence it is now positioned very well to
compete with both local and other international banks.

In Taiwan, Consumer Banking has turned a loss of US$30 million in 1999 to a
trading profit of US$3 million in 2001. Looking forward it expects to increase
market share in a growing overall market.

The whole bank is making great progress with its efficiency programme through
shared service centres in Chennai, Kuala Lumpur and China; which are now
handling an increasing amount of the bank's processing operations, technology
and support functions. Standard Chartered increased its targets for cost savings
from this programme in February. In addition there are further opportunities and
efficiencies being planned as a result of the shared service centres - beyond
the scope of the current programme.

Mike DeNoma said 'While we're facing some near term challenges in Hong Kong our
Consumer Banking business overall performed solidly in the first quarter. We
have excellent consumer businesses in a range of markets, not just Hong Kong.
Singapore, India, Thailand, Taiwan, UAE and others all offer excellent
potential. We have strong market positions and a focused strategy to target
attractive customer segments and products'.

Day 3:

China represents a major opportunity following WTO accession, although it will
be some years before there is a significant impact on the bank's overall
profitability.

Standard Chartered is well positioned to take advantage of this opportunity and
is taking action to ensure that it will be one of the foreign banks which
benefit from the opening of the Wholesale Banking and Consumer Banking markets
over the next five years.

Day 4

In the first quarter of 2002 Standard Chartered Nakornthon Bank became
profitable for the first time with a profit of US$3 million. Thailand offers
good opportunities to build a major Consumer Banking business.

Standard Chartered's Wholesale Bank in Thailand benefits from strong
relationships and a focused strategy.

Day 5

India has become one of Standard Chartered's most important markets and the Bank
can demonstrate significant progress over the past three years. The Bank has a
focused strategy on high returning products, and a strong market position in
both Consumer and Wholesale Banking to generate profitable growth and take
advantage of the significant opportunity in this market.

The integration of Grindlays is proceeding well and is ahead of schedule.

                                    - ENDS -

For further information please contact:

Steve Seagrove    Group Head of Corporate Affairs     [phone]

Paul Marriage     Head of Media Relations             [phone]

                           www.standardchartered.com

Note to Editors:

Standard Chartered - the world's leading emerging markets bank

Standard Chartered is the world's leading emerging markets bank. It employs
30,000 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.



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