Director Shareholding

Standard Chartered PLC
31 May 2001


                                          2. Name of director
    1)     Name of company

         STANDARD CHARTERED PLC                   LORD STEWARTBY


    3)     Please state whether              4)     Name of the registered
    notification indicates that it is in     holder(s) and, if more than one
    respect of holding of the                holder, the number of shares held
    Shareholder named in 2 above or in       by each of them (if notified).
    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             BANK OF NEW YORK PEP
    the age of 18 or in respect of a
    non-beneficial interest.



    IN RESPECT OF THE DIRECTOR
    NAMED IN 2)


    5)      Please state whether             6)     Please state the nature of
    notification relates to a person(s)      the transaction. For PEP
    connected with the director named in     transactions please indicate
    2 above and identify the connected       whether general/single co PEP and
    person (s)                               if discretionary/non discretionary

    RELATES TO THE DIRECTOR NAMED            REINVESTMENT OF CASH DIVIDEND IN
    IN 2)                                    A GENERAL NON DISCRETIONARY PEP


    7)     Number of         8)              9)     Number of        10)
    shares/amount of         Percentage      shares/amount of        Percentage
    stock acquired           of issued       stock disposed          of issued
                             Class                                   Class
                                               
                   75            0.000007%     N/A                   N/A
                             


    11)     Class     12)          13)    Date of         14)     Date company
    of security       Price               transaction             informed
                      per
    ORDINARY          share          
    SHARES OF
    USD0.50 EACH      967p           25 MAY 2001                30 MAY 2001
                      

                               16)      Total percentage holding of issued
    15)  Total holding           class following this notification.
    following this
    notification                              

              14,575                          0.001292%


If a director has been granted options by the company please complete the
following boxes


    17)     Date of grant                      18)     Period during which or
                                               date on which exercisable
         N/A
                                                    N/A


    19)     Total amount paid (if any) for     20)     Description of shares or
    grant of the option                        debentures involved:

                                                class, number.

         N/A                                      N/A

                                           22. Total number of shares or
    21)     Exercise price (if fixed at        debentures over which options
    time of grant) or indication that          held following this notification
    price is to be fixed at time of
    exercise
                                                    
         N/A                                        N/A




    23)     Any additional information           24)     Name of contact and
                                                 telephone number for queries

                                                      TERRY SKIPPEN

                                                      020 7280 7109


    25)     Name and signature of authorised
    company official responsible for making
    this notification

         Date of Notification     31 May, 2001                                  
    


                                    ...........................................
     
                                     Lorraine Young, Assistant Group Secretary