Completion of Acquisition

Standard Chartered PLC
12 January 2006

12 January 2006

Standard Chartered announces the completion of the acquisition of a 20% interest
in Fleming Family & Partners Limited and the issue of 3,401,290 ordinary shares
                           of Standard Chartered PLC

On 7 December 2005, Standard Chartered PLC ('Standard Chartered') announced that
it had launched an offer to acquire 20% of Fleming Family & Partners Limited.
Standard Chartered now announces the completion of that acquisition and the
issue and allotment of 3,401,290 Standard Chartered ordinary shares of US$0.50
each (the 'Shares') as the share element of the consideration.    The number of
Shares issued is based on the volume-weighted average price of Standard
Chartered ordinary shares of US$0.50 each of £13.01431 (approximately HK$178) on
10 and 11 January 2006.   The balance of the consideration, being £0.7m
(HK$9.5m), will be satisfied in cash.

The Shares being issued represent approximately 0.26% of Standard Chartered's
issued share capital prior to completion of the acquisition and approximately
0.26% of Standard Chartered's issued share capital immediately after completion
of the acquisition.  The Shares are being issued under the general mandate
granted to the Board of Directors at the annual general meeting of Standard
Chartered on 5 May 2005.

Permission has been granted for admission of the Shares to listing on the UK
Official List and to trading on the London Stock Exchange, and application has
been made for permission for the listing of the Shares, and to deal in the
Shares, on The Stock Exchange of Hong Kong Limited.  Trading in the Shares is
expected to commence on the London Stock Exchange on 12 January 2006 and on The
Stock Exchange of Hong Kong Limited on 13 January 2006.


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