Director Shareholding

Standard Chartered PLC
22 August 2001



    1)     Name of Company                   2)     Name of Director

         STANDARD CHARTERED PLC                   SIR PATRICK GILLAM


    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     1. THE ROYAL BANK OF SCOTLAND TRUST
    the age of 18 or in respect of a         COMPANY (JERSEY) LIMITED, SEE
    non-beneficial interest.                 APPENDIX A - 20,362
                                          2. SIR PATRICK GILLAM - 20,362


         IN RESPECT OF THE DIRECTOR
    NAMED IN 2)


    5)      Please state whether             6)     Please state the nature of
    notification relates to a person/        the transaction. For PEP
                                             transactions please indicate
         person(s) connected with the        whether general/single co PEP and
    Director named in 2 above and            if discretionary/non discretionary
    identify the connected person (s)
                                                  RELEASE TO THE DIRECTOR NAMED
         RELATES TO THE DIRECTOR NAMED       IN 2) OF SHARES FROM THE COMPANY'S
    IN 2)                                    1995 RESTRICTED SHARE SCHEME




    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
         20,362                              N/A                     N/A
                             0.00180%


    11)     Class of      12)            13)     Date of      14)     Date
    security              Price per      transaction          company informed
                          share
         Ordinary                         22.08.01                 22.08.01
    shares of US$0.50      NIL
    each

                                     Total percentage holding of issued class
    15)     Total holding following  following this notification.
    this notification
                                     0.00325%
         36,713


  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




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

                                                    class, number



                                           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






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

                                                       Penny Follows

                                                       020 7280 7769


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

         Date of Notification     22 August            Catherine Springett,
                                  2001            Assistant Group Secretary




                                  APPENDIX A



RESTRICTED SHARE SCHEME

On 22 August 2001, The Royal Bank of Scotland Trust Company (Jersey) Limited,
the trustee of the Standard Chartered 1995 Employees' Share Ownership Plan
Trust ('the Trust'), released 20,362 ordinary shares in Standard Chartered PLC
to the director listed below.

The director was granted awards under the Standard Chartered (1995) Restricted
Share Scheme ('the Scheme') by the trustee on the dates detailed below. Under
the Scheme an award is a conditional right to purchase shares from the Trust
without payment between three and seven years from the date of the award,
subject to the terms and restrictions set out in the Scheme. Nothing was
payable for the awards.

Director            Number of Shares Released          Date of Award

Sir Patrick Gillam      8,789                          16 March 1995

Sir Patrick Gillam     11,573                          29 February 1996



After the release of these shares, the Trust's total holding in respect of the
Scheme is 58,052 ordinary shares. The Trust is discretionary and for the
benefit of such employees (including the executive directors) of Standard
Chartered PLC and its subsidiaries and their families as the trustee may, at
its discretion, determine. The executive director has notified Standard
Chartered PLC on 22 August 2001 of his technical interest in the shares held
by the Trust.