Holding in Company

Standard Chartered PLC
12 February 2001


                  DEALINGS BY SUBSTANTIAL SHAREHOLDERS


1)   NAME OF COMPANY

     STANDARD CHARTERED PLC

2)   NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

     CGNU PLC

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 US0.50 each

10)  Date of transaction

     N/A

11)  Date company informed

     9 February 2001

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 also made on behalf of Morley Fund          
     Management 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 12 February 2001