Redemption of Bonds

Standard Chartered PLC
16 March 2005

                             Standard Chartered PLC

    Redemption of €575,000,000 4.5 per cent. Subordinated Guaranteed
 Convertible Bonds due 2010 (the 'Bonds') issued by Standard Chartered Finance
(Jersey) Limited and convertible into ordinary shares of Standard Chartered PLC

Standard Chartered Finance (Jersey) Limited, a wholly owned subsidiary of
Standard Chartered PLC, has given notice in accordance with the terms of the
Bonds that on 18 April 2005, it will redeem the €575,000,000 in
principal amount of outstanding Bonds in accordance with their terms.

Dated 16 March 2005


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