Directors' Notification of Dealing in Shares

Standard Chartered PLC
17 May 2000


                       DEALINGS BY DIRECTORS


1)  NAME OF COMPANY

STANDARD CHARTERED PLC

2)  NAME OF DIRECTOR

CHRISTOPHER A KELJIK

3)  Please state whether notification indicates that it is in respect of
    holding of the Director named in 2 above or 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)

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

CHASE NOMINEES 

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

EXERCISE OF AN EXECUTIVE SHARE OPTION AND RETENTION OF THE SHARES BY MR KELJIK

7)  Number of shares/amount of
    stock acquired

40,000

8)   (0.00376% )
    of issued Class

9)  Number of shares/amount
    of stock disposed

N/A

10)  (N/A% )
   of issued Class

11) Class of security

ORDINARY SHARES OF 25P EACH

12) Price per share

256P

13) Date of transaction

15 MAY 2000

14) Date company informed

16 MAY 2000

15) Total holding following this notification

98,766

16) Total percentage holding of issued class following this notification

0.00929%

     IF A DIRECTOR HAS BEEN GRANTED OPTIONS BY THE COMPANY PLEASE
                    COMPLETE THE FOLLOWING BOXES

17) Date of grant

N/A

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
7280 7109

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

    Date of Notification..17 MAY, 2000................................