SCB Appoints Risk Director

Standard Chartered PLC
02 October 2002

Standard Chartered Appoints Risk Director

The Board of Directors of Standard Chartered PLC announced today that Mr Richard
Meddings has been appointed as Group Executive Director responsible for Risk.

Mr Meddings, 44, joins Standard Chartered from Barclays PLC, where he is
currently Chief Operating Officer, Barclays Private Clients (the Wealth
Management division of the Group). Prior to joining Barclays he was Group
Finance Director at Woolwich PLC, where his responsibilities included Risk,
Compliance and Treasury.

Group Executive Director Mr Chris Keljik recently took over responsibility for
Middle East, South Asia (MESA) and Africa, in addition to his existing portfolio
of responsibilities which included Risk. He will now focus on MESA and Africa,
reflecting the increasing importance of those regions as profit contributors.

'I am delighted that Richard will be joining us. He will be responsible for
further developing our strategy on Risk and, following on from the appointment
of Peter Sands as Finance Director, Richard's experience will add greater depth
to our strong management team. He will take forward the excellent work of Chris
Keljik with the risk portfolio,' said Mr Mervyn Davies, Group Chief Executive.

The role of Director with sole responsibility for Risk is a new appointment at
Standard Chartered. The role had previously been part of a portfolio of
responsibilities of one of the Directors.

Mr Meddings will take up his appointment at Standard Chartered in mid-November.



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For further information please contact:

Steve Seagrove, Group Head of Corporate Affairs - [phone]

Paul Marriage, Head of Media Relations - [phone]

www.standardchartered.com

Note to Editors:

Standard Chartered - the world's leading emerging markets bank

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.

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