Director Shareholding

Standard Chartered PLC
2 October 2001


                                  SCHEDULE 11

         NOTIFICATION OF INTERESTS OF DIRECTORS AND CONNECTED PERSONS

1)    Name of company:

      Standard Chartered PLC

2)    Name of director:

      Sir Patrick Gillam, Mr G S Talwar, Mr E M Davies, Mr M B DeNoma, Mr C
      A Keljik, Mr P N Kenny and Mr K S Nargolwala

3)    Please state whether notification indicates that it is in respect of
      holding of the shareholder named in 2 above or in respect of a
      non-beneficial interest or in the case of an individual holder if it is
      a holding of that person's spouse or children under the age of 18 or in
      respect of a non-beneficial interest:

      Technical Interest of the directors named in 2)

4)    Name of the registered holder(s) and, if more than one holder, the
      number of shares held by each of them (if notified):

      The Royal Bank of Scotland Trust Company (Jersey) Limited

5)    Please state whether notification relates to a person(s) connected with
      the Director named in 2 above and identify the connected person(s):

      Relates to the directors named in 2) and their technical interest in
      the shares held by the registered holder named in 4)

6)    Please state the nature of the transaction. For PEP transactions please
      indicate whether general/single co PEP and if discretionary/non
      discretionary:

      Purchases of shares for the Standard Chartered 1995 Employees' Share
      Ownership Plan Trust ('the Trust') to be used to satisfy future
      exercises under the Standard Chartered 1997 Restricted Share Schemes
      maturity

7)    Number of shares/amount of stock acquired:

      i) 1,050,000 ii) 297,282

8)    Percentage of issued class:

      i) 0.09302% ii) 0.02634%

9)    Number of shares/amount of stock disposed:

      N/A

10)   Percentage of issued class:

      N/A

11)   Class of security:

      Ordinary shares of US$0.50 each

12)   Price per share:

      i) 674.4031p ii) 669.261p

13)   Date of transaction:

      i) 28 September 2001 ii) 1 October 2001

14)   Date company informed:

      1 October 2001

15)   Total holding following this notification:

      3,182,755

16)   Total percentage holding of issued class following this notification

      0.28196%

      If a director has been granted options by the company please complete
      the following boxes

17)   Date of grant:

      N/A

18)   Period during which or date on which exercisable:

      N/A

19)   Total amount paid (if any) for grant of the option:

      N/A

20)   Description of shares or debentures involved: class, number:

      N/A

21)   Exercise price (if fixed at time of grant) or indication that price is
      to be fixed at time of exercise:

      N/A

22)   Total number of shares or debentures over which options held following
      this notification:

      N/A

23)   Any additional information:

      The Trust is discretionary and for the benefit of such employees
      (including the executive directors of Standard Chartered PLC) and their
      families as the trustee (named in 4) above) may, at its discretion
      determine. The Directors of Standard Chartered PLC do not participate
      in the 1997 Restricted Share Scheme

24)   Name of contact and telephone number for queries:

      Terry Skippen, 020 7280 7109

 25)   Name and signature of authorised company official responsible for
      making this notification:

       Terry Skippen

      Date of Notification:                    2 October            2001