Further re Convertible Bonds

Standard Chartered PLC
7 March 2000



         Standard Chartered Finance (Jersey) Limited (the 'Issuer')
E575 million 4.5 per cent. Subordinated Guaranteed Convertible Bonds due 2010
      guaranteed on a subordinated basis by Standard Chartered Bank and
convertible into 4.50 per cent. Exchangeable Redeemable Preference Shares in
    the Issuer which will be automatically and immediately exchanged for
                  Ordinary Shares in Standard Chartered PLC


In connection with the above issue, Schroders and Goldman Sachs International
as joint lead managers have exercised in full their option to subscribe or
procure subscribers for an additional E75,000,000 in paid up amount of Bonds.

The total issue size will therefore be E575,000,000.
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Press Enquiries:

Standard Chartered PLC
Pamela McGann, Group Head of External Affairs          Tel: [phone]
Tim Halford, Director of Corporate Affairs             Tel: [phone]
Stephen Seagrove, Group Investor Relations Manager     Tel: [phone]

J. Henry Schroder & Co. Limited                        Tel: [phone]
Robin Blunden
Chris Jillings
Matthew Whittell

Goldman Sachs International                            Tel: [phone]
Chris French
Jim Ziperski