Redemption of Stock

Standard Chartered PLC
21 August 2002


21 August 2002

For immediate release

Notice of early redemption of debt

Standard Chartered PLC

£100,000,000 12 7/8 per cent. Unsecured Loan Stock 2002/2007

Standard Chartered announces that it has today dispatched to holders of the
above stock a formal notice informing them that, in accordance with the
provisions of the stock, it has elected to redeem the whole of the stock
outstanding at par on 30 September 2002.

Settlement details are contained in the notice, or can be obtained from

Computershare Investor Services PLC, telephone number: 0870 702 0100

Contact at Standard Chartered PLC: Terry Skippen, telephone number: 
020 7280 7109




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