Standard Chartered PLC — Board/Management Information 2007

Aug 6, 2007

Standard Chartered PLC

(渣打集團有限公司)

(Registered in England and Wales number 966425)

(Stock Code: 2888)

Standard Chartered PLC appoints Gareth Bullock as Group Executive Director of Standard Chartered PLC and Jaspal Bindra

as Director of Standard Chartered Bank

Gareth Richard Bullock has been appointed Group Executive Director of Standard Chartered PLC.

Jaspal Singh Bindra has been appointed Director of Standard Chartered Bank (an indirect wholly-owned subsidiary of Standard Chartered PLC, which was incorporated in England with limited liability by Royal Charter in 1853).

John Wilfred Peace, Non-Executive Director and Deputy Chairman of Standard Chartered PLC will join the Audit and Risk Committee.

All these appointments are effective from 6 August 2007.

Mr Bullock, 53, is responsible for governance of Africa, Middle East, Europe and the Americas and is already a Director of Standard Chartered Bank. He has had a long and successful career in commercial and investment banking. Mr Bullock joined Standard Chartered Bank in 1996 as CEO, UK/Europe Region. He has subsequently held a range of senior positions including Head of Corporate and Institutional Banking, Hong Kong, China and NE Asia, Group Head Technology and Operations and Director of Strategy.

Mr Bindra, 46, is Regional CEO for South East and South Asia with governance responsibility for the region. He has a broad international banking background. He joined Standard Chartered Bank in 1998 as CEO India. Prior to his current role Mr Bindra was Global Head of Client Relationships, Wholesale Banking. He is also on the Boards of Standard Chartered Bank (Thai) PCL, Prime Financial Holdings Limited, Standard Chartered Bank Malaysia Berhad and SCOPE International (M) Sdn Bhd. He is the Chairman of Standard Chartered Nepal Limited, Standard Chartered Bank (Mauritius) Limited and Scope International Private Limited, India.

Mr Peace, 58, joined the Board of Standard Chartered PLC as Non-Executive Director and Deputy Chairman on 1 August 2007.

Mervyn Davies, Chairman of Standard Chartered PLC, said

“I am very pleased with Gareth’s appointment as Group Executive Director of Standard Chartered PLC. Gareth will be a great addition to the Board. He brings excellent banking experience and strategic insight”.

Peter Sands, Group Chief Executive of Standard Chartered PLC, said

“I am delighted that Jaspal has become Director of Standard Chartered Bank. Jaspal has a broad banking knowledge and international regulatory experience which will benefit the governance of Standard Chartered Bank”.

By Order of the Board

Clive Burns

Group Company Secretary

Hong Kong, 6 August 2007

Notes:

Gareth Bullock has a service agreement with Standard Chartered Bank subject to 12 months’ rolling notice. Gareth Bullock’s current base salary is US$873,691 and he was awarded a discretionary bonus in 2006 of US$1,151,938 of which one-third is deferred in shares. His compensation is reviewed by the Board Remuneration Committee and is benchmarked against comparable roles in the external market.

Gareth Bullock beneficially owns 88,161 shares in the Company under the meaning of Part XV of the Securities and Futures Ordinance. In addition he participates in several share plans operated by the Company and has interests through those plans as follows;

2004 Deferred Bonus Plan – an award over 14,789 shares.

Executive Share Option Scheme – options over a total of 114,341 shares.

Save As You Earn Scheme – an option over 2,472 shares.

2001 Performance Share Plan – options over a total of 206,827 shares.

Apart from being an Executive Director of the Company, Gareth Bullock has no relationship with any directors, senior management or substantial or controlling shareholders of the Company.

Save as the information disclosed above, there is no other information required to be disclosed pursuant to any of the requirements under Rule 13.51(2) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited.

Biographies

Gareth Richard Bullock

Gareth was appointed as a Director of Standard Chartered Bank in 2003, and became Director, Middle East, Africa, Europe and the Americas in 2006.

Prior to his appointment as a Director, he was Group Head of Strategy and prior to that Group Chief Information Officer and CEO Africa.

Gareth has held other senior positions in the Group such as Head of Corporate & Institutional Banking, HK, China and NE Asia and CEO, UK/Europe Region.

Commencing with Citibank, Gareth has had a long career in both commercial and investment banking and joined Standard Chartered in 1996.

He was appointed as a Non-Executive Director of Spirax Sarco Engineering PLC, a company listed on the London Stock Exchange, in 2005 and was appointed as a Non-executive Director of Fleming Family & Partners in 2006. In April 2007 he became Chairman of Mcashback Limited.

Gareth studied at St. Catharine’s College, Cambridge and graduated with an MA in Modern Languages. He also studied in France.

Gareth is married with three sons and his interests include France, languages and ornithology. Gareth was born in 1953.

Jaspal Singh Bindra

Jaspal Bindra is currently the Regional CEO for South East and South Asia. He is also a member of Standard Chartered Group’s General Management Committee (GMC). He is on the Boards of Standard Chartered Bank (Thai) PCL, Prime Financial Holdings Limited, Standard Chartered Bank Malaysia Berhad and SCOPE International (M) Sdn Bhd. He is also the Chairman of Standard Chartered Nepal Limited, Standard Chartered Bank (Mauritius) Limited and Scope International Private Limited, India.

Prior to this, he has been the Global Head Client Relationships, Wholesale Banking for Standard Chartered Bank based in Singapore, where he was responsible for all client relationships and commercial banking products across all the 56 countries that SCB operates in.

Before moving to Singapore in January 2003, he was CEO India region where he successfully led the acquisition of ANZ Grindlays to make SCB the largest international bank, a position that it enjoys to date.

Jaspal joined SCB in 1998 after four years with UBS Investment Banking. He began his career with Bank of America in 1984 and worked with them across Treasury, Capital Markets and Consumer Banking in India and Singapore.

Jaspal is 46 years old and a qualified Chartered Accountant and MBA. He is married with one son.

As at the date of this announcement, the Board of Directors of the Company comprises:

Chairman:

Mr Evan Mervyn Davies, CBE

Executive Directors:

Mr Peter Alexander Sands; Mr Michael Bernard DeNoma; Mr Richard Henry Meddings; Mr Kaikhushru Shiavax Nargolwala; and

Independent Non-Executive Directors:

Mr John Wilfred Peace; Sir CK Chow; Mr James Frederick Trevor Dundas; Ms Valerie Frances Gooding, CBE; Mr Rudolph Harold Peter Markham; Ms Ruth Markland; Mr Sunil Bharti Mittal; Mr Paul David Skinner; Mr Oliver Henry James Stocken and Lord Adair Turner.