Director Shareholding

Standard Chartered PLC
22 February 2001

                       DEALINGS BY DIRECTORS


1)  NAME OF COMPANY

STANDARD CHARTERED PLC


2)  NAME OF DIRECTOR

LORD STEWARTBY


3)  Please state whether notification indicates that it is in respect of
    holding of the shareholder named in 2 above or in 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 the
    age of 18 or in respect of an non-beneficial interest

IN RESPECT OF THE DIRECTOR NAMED IN 2)

4)  Name of the registered holder(s) and, if more than one holder, the
    number of shares held by each of them. (If notified)

LORD STEWARTBY

5)  Please state whether notification relates to a person(s) connected
    with the Director named in 2 above and identify the connected person(s)

RELATES TO THE DIRECTOR NAMED IN 2)


6)  Please state the nature of the transaction. For PEP transactions
    please indicate whether general/single co PEP and if discretionary/non
    discretionary

SALE OF SHARES


7)  Number of shares/amount of
    stock acquired

N/A


8)   (N/A %)
    of issued Class


9)  Number of shares/amount
    of stock disposed

928



10)  (0.00008%)
    of issued Class


11) Class of security

ORDINARY SHARES OF USD0.50 EACH



12) Price per share

1039P


13) Date of transaction

21 FEBRUARY 2001


14) Date company informed

21 FEBRUARY 2001


15) Total holding following this notification

14,500


16) Total percentage holding of issued class following this notification

0.001286%


     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


19) Total amount paid (if any) for grant of the option

N/A


20) Description of shares or debentures involved: class, number.

N/A

21) Exercise price (if fixed at time of grant) or indication that price
    is to be fixed at time of exercise

N/A


22) Total number of shares or debentures over which options held
    following this notification

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    LORRAINE YOUNG

    Date of Notification         22 FEBRUARY 2001