Holding in Company

Standard Chartered PLC
3 November 2000

                  DEALINGS BY SUBSTANTIAL SHAREHOLDERS


1)   NAME OF COMPANY

STANDARD CHARTERED PLC

2)   NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

SCOTTISH WIDOWS INVESTMENT PARTNERSHIP LTD


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

NOTIFICATION STATES THAT THE SHAREHOLDER NAMED IN 2 ABOVE NO LONGER HAS A
NOTIFIABLE INTEREST IN STANDARD CHARTERED PLC ORDINARY SHARES

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

N/A


5)   Number of shares/amount of stock acquired.

N/A

6)   ( N/A %) of issued Class

7)   Number of shares/amount of stock disposed

N/A

8)   ( N/A %) of issued Class

9)   Class of security

ORDINARY SHARES OF 25P EACH

10)  Date of transaction

N/A

11)  Date company informed

2 NOVEMBER 2000

12)  Total holding following this notification

N/A               
              
13)  Total percentage holding of issued class following this notification

LESS THAN 3%

14)  Any additional information

NOTIFICATION STATES THAT IT IS MADE ON BEHALF OF LLOYDS TSB GROUP PLC, LLOYDS
BANK PLC AND SCOTTISH WIDOWS GROUP LIMITED


15)  Name of contact and telephone number for queries

TERRY SKIPPEN  
020 7280 7109

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

     Date of Notification ....3 NOVEMBER 2000.