Directors' Dealings

STANDARD CHARTERED PLC

                            DEALINGS BY DIRECTORS

1)   NAME OF COMPANY

     STANDARD CHARTERED PLC

2)   NAME OF DIRECTOR

     KAIKHUSHRU NARGOLWALA

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

     IN RESPECT OF THE DIRECTOR NAMED IN 2) AND SPOUSE

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

     KAIKHUSHRU AND APARNA NARGOLWALA

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 DIRECTOR NAMED IN 2) AND SPOUSE, APARNA NARGOLWALA

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

     PURCHASE OF SHARES

7)   Number of shares/amount of
     stock acquired

      10,000

8)   (0.00094%)
    of issued Class

9)   Number of shares/amount
     of stock disposed

N/A

10)  ( N/A %)
    of issued Class

11)  Class of security

     ORDINARY SHARES OF 25p EACH

12)  Price per share

       833p

13)  Date of transaction

      11 AUGUST 1999

14)  Date company informed

      11 AUGUST 1999

15)  Total holding following this notification

      30,000

16)  Total percentage holding of issued class following 
     this notification      

       0.00283%

      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

N/A

24)  Name of contact and telephone number for queries

      TERRY SKIPPEN
      0171-280 7109


25)  Name and signature of authorised company official
     responsible for making this notification
                             
                          L E YOUNG
                          ASSISTANT GROUP SECRETARY

     Date of Notification...11 AUGUST 1999...............