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Standard Chartered PLC Capital/Financing Update 2012

Oct 25, 2012

4648_rns_2012-10-25_f8720e37-41c5-40ee-a184-ff9e7325b5b2.pdf

Capital/Financing Update

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Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this document, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this document.

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STANDARD CHARTERED PLC

渣打集團有限公司

(Incorporated as a public limited company in England and Wales with registered number 966425)

(Stock Code: 02888)

25 October 2012

STANDARD CHARTERED PLC ANNOUNCES THE RESULTS OF ITS UPPER TIER 2 TENDER OFFER

£150,000,000 Undated Primary Capital Floating Rate Notes

ISIN: GB0008389008

(the "Notes")

Standard Chartered PLC (the "Company") today announces the results of an invitation to holders of the Notes to tender any and all of the Notes for repurchase by the Company for cash (the "Offer").

The Offer was made upon the terms and subject to the conditions contained in the tender offer memorandum dated 9 October 2012 (the "Tender Offer Memorandum"). Capitalised terms used in this announcement and not otherwise defined have the meanings given to them in the Tender Offer Memorandum.

The Offer expired at 4.00 p.m. London time on 24 October 2012 (the "Expiration Deadline"). As of the Expiration Deadline, the aggregate nominal amount of Notes validly tendered equalled £119,485,000, representing approximately 80% of the aggregate nominal amount of Notes outstanding, being £150,000,000.

The Tender Agent has been instructed to accept for repurchase all Notes validly tendered in the Offer. The Repurchase Price and Accrued Interest for such Notes will be paid on the Settlement Date subject to the terms and conditions of the Offer as set out in the Tender Offer Memorandum. The Settlement Date is expected to be 26 October 2012.

For further information, contact:

Investors

Rupert Mingay

Head: Capital Management

+44 (0) 20 7885 6169

[email protected]


2

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

Chairman:
Sir John Wilfred Peace

Executive Directors:
Mr Peter Alexander Sands; Mr Stefano Paolo Bertamini; Mr Jaspal Singh Bindra; Mr Richard Henry Meddings; Mr Alun Michael Guest Rees and Mr Viswanathan Shankar

Independent Non-Executive Directors:
Mr Richard Delbridge; Mr James Frederick Trevor Dundas; Ms Valerie Frances Gooding, CBE; Dr Han Seung-soo, KBE; Mr Simon Jonathan Lowth; Mr Rudolph Harold Peter Markham (Senior Independent Director); Ms Ruth Markland; Mr John Gregor Hugh Paynter; Mr Paul David Skinner and Mr Oliver Henry James Stocke