Standard Chartered PLC — Board/Management Information 2004

Dec 21, 2004

Standard Chartered PLC

The Stock Exchange of Hong Kong Limited takes no responsibility for the contents of this announcement, makes no representation as to its accuracy or completeness and expressly disclaims any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

Standard Chartered PLC

(渣打集團有限公司)

(Registered in England and Wales number 966425)

(Stock Code: 2888)

BOARD CHANGES

Standard Chartered PLC

announces the retirement of Mr Christopher Keljik as a Group Executive Director and the appointment of Miss Val Gooding as an independent non-executive director

CHRISTOPHER KELJIK

The Board of Directors of Standard Chartered PLC announced today that Christopher Avedis Keljik, 56, has decided to retire from the Board with effect from the next Annual General Meeting on 5 May, 2005.

He steps down after a long and distinguished career with Standard Chartered Bank having joined the company in 1976. He has been an executive director since 1999 and is currently responsible for performance and governance in Africa, the Middle East and South Asia, and for governance in the United Kingdom and the Americas.

Bryan Sanderson, Chairman of Standard Chartered PLC said: "Chris has made a tremendous contribution to the fortunes of the Bank over the last three decades. During that time he has worked in all our major markets and has been a great ambassador for us. On behalf of the Board and all our employees, we wish him well."

Mervyn Davies, Group Chief Executive of Standard Chartered PLC, added: "Chris has made a significant contribution to our executive team during my time as CEO and, previously. He has always been a close colleague and a trusted adviser. I have valued his experience and wise counsel and wish him well on his retirement from our Board."

Mr Keljik joined Standard Chartered as a corporate finance executive in London and later became a director of Standard Chartered Merchant Bank Asia. He headed the Group's Treasury operations in New York and later Hong Kong, before taking up a succession of general manager roles for North East Asia, East Asia and for Africa. He was Group Head of External Affairs directly before his appointment as a director of Standard Chartered PLC.

Mr Keljik said: "My career with the Bank has been immensely fulfilling and I leave behind many fine colleagues and good friends. Standard Chartered is in great shape and I am particularly proud of the performance of the businesses for which I am responsible, as well as the overall performance of the Group."

Mr Keljik's portfolio of responsibilities will be reassigned among existing Directors with an announcement to be made in due course. Mr Keljik has confirmed that there is nothing which needs to be brought to the attention of holders of securities of the Company.

VAL GOODING

The Board also announced that Valerie Frances Gooding has been appointed as an independent non-executive director of Standard Chartered PLC with effect from 1 January, 2005.

Miss Gooding, 54, is currently Chief Executive of BUPA, the UK's leading independent health and care company. Prior to that she had a career with British Airways, with her final role being Director, Asia Pacific.

Miss Gooding is currently a non-executive director at Compass Group plc. She also sits on the Council of the University of Warwick, as well as the Advisory Board of Warwick Business School. She is a trustee of the British Museum, and the President of the International Federation of Health Plans. She was previously a director at BAA and Cable and Wireless Communications plc, and has also been on the Board of the Association of British Insurers (ABI).

Hugh Norton, Senior Independent Director of Standard Chartered PLC, said: "Val is a robust, independently-minded executive, who will make a great contribution to the Board. She is one of Britain's most internationally-recognised businesswomen and has enormous experience in marketing and service delivery industries."

Standard Chartered PLC

21-12-2004

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Standard Chartered PLC

Miss Gooding studied at the University of Warwick. She is married with two children and lives in the United Kingdom. She was awarded the CBE for services to business in the 2002 New Year's Honours list.

As an independent non-executive director, Miss Gooding does not have a service contract. She does not have a designated length of service but her appointment will be subject to re-election by shareholders every three years. The director's fee that is payable to Miss Gooding will be determined by the Board.

As at the date of this announcement Miss Gooding has no interest in the ordinary shares of Standard Chartered PLC within the meaning of Part XV of the Securities and Futures Ordinance.

Miss Gooding is not related to any directors, senior management or substantial or controlling shareholders of Standard Chartered PLC.

By Order of the Board
David J. Brimacombe
Company Secretary

Hong Kong, 20 December 2004

As at the date of this announcement, the Board of Standard Chartered PLC comprises:

Executive Directors - Mr. Bryan Kaye Sanderson, CBE; Mr. Evan Mervyn Davies, CBE; Mr. Michael Bernard DeNoma; Mr. Christopher Avedis Keljik; Mr. Richard Henry Meddings; Mr. Kaikhushru Shiavax Nargolwala; Mr. Peter Alexander Sands; and

Independent Non-Executive Directors – Sir CK Chow; Mr. James Frederick Trevor Dundas; Mr. Ho KwonPing; Mr. Rudolph Harold Peter Markham; Ms. Ruth Markland; Mr. Hugh Edward Norton; Mr. Paul David Skinner; and Mr. Oliver Henry James Stocken.

Please also refer to the published version of this announcement in South China Morning Post dated 21 December 2004.

Standard Chartered PLC
21-12-2004