Directorate Change

Standard Chartered PLC
15 November 2002

Board Changes

Standard Chartered PLC announces that the following changes to the governance
responsibilities of its Board of Directors will take effect by 1 January 2003:

Group Executive Director Chris Keljik will assume corporate governance
responsibility for the UK and Americas, in addition to his existing
responsibility for Africa and Middle East South Asia. Kai Nargolwala, Group
Executive Director Wholesale Banking, will now be responsible for corporate
governance for North East Asia, South East Asia, India and Nepal.


                                       -Ends-


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]


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.


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