Standard Chartered PLC — Board/Management Information 2004

Mar 9, 2004

Standard Chartered PLC

Standard Chartered

Standard Chartered PLC

(渣打集團有限公司)

(Registered in England and Wales Number 966425)

DIRECTORATE CHANGES

The Board of Directors of Standard Chartered PLC announced today that:

Lord Stewartby who is Deputy Chairman, the Senior Independent Director and Chairman of Audit & Risk Committee, will retire from the Board after 14 years of distinguished service, at the conclusion of the Annual General Meeting on 11 May 2004.

Bryan Sanderson, Chairman of Standard Chartered PLC, said: "Ian has over many years made a significant contribution to the Group, for which we are very grateful".

Hugh Norton will assume the role of the Senior Independent Director and Rudy Markham will be appointed Chairman of Audit & Risk Committee with effect from 11 May 2004.

Mr Jamie Dundas has been appointed as a Non-Executive Director of Standard Chartered PLC with effect from 15 March 2004.

Mr Dundas was formerly Chief Executive of the UK property company MEPC. Prior to that Mr Dundas was Finance Director for the Airport Authority Hong Kong. He began his career as an investment banker with Morgan Grenfell, where he became Deputy Head of Banking. Mr Dundas is currently a Non-Executive Director at J Sainsbury plc and Chairman of Macmillan Cancer Relief, the UK's largest cancer care charity. Mr Dundas read law at Oxford University and subsequently qualified as a barrister. He is married with three children and lives in the UK.

"I am extremely pleased that Jamie will be joining the Board. Jamie has an outstanding record in a number of areas that are highly relevant to Standard Chartered, including high level experience in Hong Kong, our largest market, and a strong background in banking", said Mr Sanderson.

Standard Chartered PLC

9-3-2004

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Standard Chartered PLC

By Order of the Board
David J. Brimacombe
Company Secretary

Hong Kong, 8 March 2004

Please also refer to the published version of this announcement in South China Morning Post dated 9 March 2004.

Standard Chartered PLC
9-3-2004