09:36     STANCHART<02888> - Announcement & Resumption of Trading (9)         

    jurisdictions may be restricted by law. No action has been taken          
    by the Company or the Managers that would permit an offer of              
    such Placing Shares or possession or distribution of this                 
    announcement or any other offering or publicity material                  
    relating to such Placing Shares in any jurisdiction where action          
    for that purpose is required. Persons to whose attention this             
    announcement is drawn are required by the Company and the                 
    Managers to inform themselves about and to observe any such               
    restrictions.                                                             
                                                                              
    In this Appendix, unless the context otherwise requires, the              
    Company means Standard Chartered PLC and Placee includes a person         
    (including individuals, funds or others) on whose behalf a                
    commitment to acquire Placing Shares has been given.                      
                                                                              
    Details of the Placing Agreement and the Placing Shares                   
                                                                              
    The Managers have entered into a placing agreement (the "Placing          
    Agreement") with the Company whereby each of the Managers has,            
    subject to the satisfaction of certain conditions set out therein,        
    undertaken severally, and not jointly nor jointly and severally,          
    to use its reasonable endeavours as agent of the Company to seek          
    to procure Placees for the 117,902,943 ordinary shares of US$0.50         
    each (the "Placing Shares").                                              
                                                                              
    The Placing Shares will when issued be credited as fully paid             
    and will rank pari passu in all respects with the existing issued         
    ordinary shares of US$0.50 per share in the capital of the Company        
    including the right to receive all dividends and other                    
    distributions declared, made or paid in respect of such ordinary          
    shares after the date of issue of the Placing Shares (including           
    any dividend proposed, after the date of issue of the Placing             
    Shares, in respect of the financial year ended 31 December 2004).         
                                                                              
    Application for listing and admission to trading                          
                                                                              
    Application will be made to the UK Listing Authority (the "UKLA")         
    for admission of the Placing Shares to the Official List of the           
    UKLA (the "Official List"), to the London Stock Exchange for              
    admission to trading of the Placing Shares on the London Stock            
    Exchange's market for listed securities ("UK Admission") and              
    to the Hong Kong Stock Exchange for the approval of the Placing           
    Shares and permission to deal in the Placing Shares on the Hong           
    Kong Stock Exchange.                                                      
                                                                              
    Bookbuild                                                                 
                                                                              
    Commencing today each of the Managers will be conducting an               
    accelerated bookbuilding process (the "Bookbuilding Process")             
    for participation in the Placing by the Placees. This Appendix            
    gives details of the terms and conditions of, and the mechanics           
    of participation in, the Placing. No commissions will be paid             
    to Placees or by Placees in respect of any Placing Shares.                
                                                                              
    Participation in the Bookbuilding Process                                 
                                                                              
    Persons who are eligible to participate in the Placing should             
    communicate their bid by telephone to their usual sales contact           
    at either of the Managers. Standard Chartered will make a further         
    announcement following the close of the Bookbuilding Process              
    detailing the price at which the Placing Shares have been placed          
    (the "Pricing Announcement"). Each of Cazenove and UBS is                 
    arranging the Placing severally, and not jointly or jointly and           
    severally, as an agent of the Company.                                    
                                                                              
    The timing of the closing of the books, pricing and allocations           
    is at the discretion of the Managers. Details of the placing              
    price will be announced as soon as