Standard Chartered PLC — Capital/Financing Update 2005

Mar 17, 2005

Standard Chartered PLC – Overseas Regulatory Announcement

Redemption of €575,000,000 4.5 per cent. Subordinated Guaranteed Convertible Bonds due 2010 (the “Bonds”) issued by Standard Chartered Finance (Jersey) Limited and convertible into ordinary shares of Standard Chartered PLC

Standard Chartered Finance (Jersey) Limited, a wholly owned subsidiary of Standard Chartered PLC, has given notice in accordance with the terms of the Bonds that on 18 April 2005, it will redeem the €575,000,000 in principal amount of outstanding Bonds in accordance with their terms.

Dated 16 March 2005