Holding in Company

Standard Chartered PLC
24 January 2001


                  DEALINGS BY SUBSTANTIAL SHAREHOLDERS


1)   NAME OF COMPANY

     STANDARD CHARTERED PLC

2)   NAME OF SHAREHOLDER HAVING A MAJOR INTEREST

     PRUDENTIAL PLC

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

     THE SHAREHOLDER 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.

     SEE LIST BELOW

5)   Number of shares/amount of stock acquired.

     N/A

6)   ( N/A %) of issued Class

7)   Number of shares/amount of stock disposed

     N/A

8)   ( N/A %) of issued Class

9)   Class of security

     ORDINARY SHARES OF USD0.50 EACH

10)  Date of transaction

     19 JANUARY 2001

11)  Date company informed

     23 JANUARY 2001

12)  Total holding following this notification

     47,393,883
               
              
13)  Total percentage holding of issued class following this notification

     4.20%

14)  Any additional information
 
     Notification is in respect of the redenomination of Standard Chartered     
     PLC's ordinary shares of 25p each to ordinary shares of USD0.50 each, and  
     not of a percentage change.

     Additionally, an interest in 45,080,681 of these shares has been declared  
     on behalf of the Prudential Assurance Company Limited.

15)  Name of contact and telephone number for queries

     TERRY SKIPPEN   020 7280 7109

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

     Date of Notification   24 January 2001


PRUDENTIAL PLC SHAREHOLDINGS

REGISTERED HOLDERS                                              SHARES

M&G (LOMBARD ST) NOMINEES AA                                    201,000
M&G (LOMBARD ST) NOMINEES FPE                                   110,766
M&G (LOMBARD ST) NOMINEES FPM                                   277,071
M&G (LOMBARD ST) NOMINEES G                                     142,633
M&G (LOMBARD ST) NOMINEES K                                   1,358,000
MAGIM HSBC GIS NOMINEE (UK) SALI                                118,106
PACS GLOBAL EQUITIES (UK)                                         5,020
PRUCLT HSBC GIS NOMINEE (UK) PAC AC                          42,270,804
PRUCLT HSBC GIS NOMINEE (UK) PHL AC                             169,002
PRUCLT HSBC GIS NOMINEE (UK) PPL AC                           2,671,595
PRUDENTIAL WORLD VALUE FUND                                      54,730
RBSTB NOMINEES LIMITED                                           15,156

                                                             47,393,883

THE PRUDENTIAL ASSURANCE COMPANY
LIMITED SHAREHOLDINGS

REGISTERED HOLDERS                                             SHARES

MAGIM HSBC GIS NOMINEE (UK) SALI                                118,106         
PACS GLOBAL EQUITIES (UK)                                         5,020
PRUCLT HSBC GIS NOMINEE (UK) PAC AC                          42,270,804
PRUCLT HSBC GIS NOMINEE (UK) PPL AC                           2,671,595
RBSTB NOMINEES LIMITED                                           15,156

                                                             45,080,681