Director Shareholding

Standard Chartered PLC
2 October 2001



                                          
    1)     Name of company                   2. Name of director

           STANDARD CHARTERED PLC               K S NARGOLWALA


    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          MR K S AND MRS A NARGOLWALA
    holder if it is a holding of that
    person's spouse or children under
    the age of 18 or in respect of a
    non-beneficial interest.

    IN RESPECT OF THE DIRECTOR NAMED IN
    2) AND SPOUSE


    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            PURCHASE OF SHARES BY MR & MRS
    IN 2) AND SPOUSE                         NARGOLWALA


    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
                                                             
    10,000                   0.00088%        N/A                     N/A
                             


    11)     Class      12)  Price per     13)   Date of      14)  Date company
    of security             share               transaction       informed
                       
    ORDINARY                647.5p              1 OCTOBER 2001    1 OCTOBER 2001
    SHARES OF         
    US$0.50 EACH

                       

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

    55,000                        0.00487%


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:

    N/A                                        class, number.

                                               N/A

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

                                        Terry Skippen, Assistant Secretary


    Date of Notification   2 October, 2001