Stanchart Defers HK Listing

Standard Chartered PLC
19 September 2001


Given the tragic events in the United States and the consequent uncertainty in
the global equity markets, Standard Chartered PLC has decided to defer its
listing in Hong Kong, which was scheduled for October, and the associated
equity offering.

Standard Chartered PLC remains fully committed to Hong Kong and to proceeding
with the listing when market conditions are suitable.

Contact:

Pamela McGann, Group Head of External Affairs - [phone]
Stephen Seagrove, Head of Investor Relations - [phone]
Paul Marriage, Regional Head of External Affairs, UK / Europe & Africa - +44
(0)20 7280 7163

This announcement is not an offer of securities for sale in the United States.
 The proposed offering will not be registered under the US Securities Act. 
Securities may not be offered or sold in the United States absent registration
or an applicable exemption from the registration requirements of the US
Securities Act.