SCB Wholesale Bank Briefing

Standard Chartered PLC
5 April 2002


A presentation to banking analysts and institutional investors on Standard
Chartered's Wholesale Banking activities is being held today (5th April 2002)
in London.  Leading the presentation will be Kai Nargolwala, Group Executive
Director with responsibility for Wholesale Banking, and he will be joined by
seven members of his team.

The presentation will focus on the opportunities in Wholesale Banking in
Standard Chartered's markets and the Bank's strategy for improving returns
from this business.  

The following topics will be covered in the presentations:
- Standard Chartered's competitive advantage
- Client relationship management
- Effective use of capital
- Management of cost
- Changing shape of the business
- Risk management
- Product development
- Global markets business

During the presentation the following points will be discussed:
- Around two thirds of the Bank's capital, whether economic or regulatory is
currently in Wholesale Banking
- Other than in exceptional circumstances, allocation of new, internally
generated regulatory capital will be prioritised for use by the Consumer Bank,
and economic capital in Wholesale Banking will be capped at the existing
level. This will drive deployment of capital within Wholesale Banking to the
relationships offering the most value enhancing returns. It will also allow
for robust growth in the Consumer Bank.
- The 'jaws' between revenue growth and cost growth in the Wholesale Bank are
planned to be 3 - 5% on average, over the next few years.

Copies of the presentation materials will be available on Standard Chartered's
investor relations website -  www.standardchartered.com/investor - from
12:45pm on Friday 5th April.


For further information please contact:
Steve Seagrove      Group Head of Corporate Affairs       [phone]
Paul Marriage       Head of Media Relations               [phone]
Aman Narain         Investor Relations Manager            [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
nearly 30,000 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.


                      This information is provided by RNS
            The company news service from the London Stock Exchange