Standard Chartered PLC — Delisting Announcement 2009

Dec 7, 2009

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, 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 announcement.

This announcement is for information purposes only and does not constitute an invitation or offer to acquire, purchase or subscribe for securities.

Standard Chartered Bank (Hong Kong) Limited

(incorporated with limited liability in Hong Kong: Number 875305)

US$350,000,000 Fixed/Floating Rate Step-Up Notes due 2014

(Stock Code: 2505)

HK$500,000,000 Fixed/Floating Rate Step-Up Notes due 2014

(Stock Code: 2506)

HK$670,000,000 Floating Rate Step-Up Notes due 2014

(Stock Code: 2507)

Exercise of Option to Redeem Notes and Delisting of Notes

Reference is made to the announcements by Standard Chartered Bank (Hong Kong) Limited (the "Company") on 6 December 2004 and 2 November 2009 in relation to (1) the US$350,000,000 Fixed/Floating Rate Step-Up Notes due 2014, (2) the HK$500,000,000 Fixed/Floating Rate Step-Up Notes due 2014 and (3) the HK$670,000,000 Floating Rate Step-Up Notes due 2014, in each case issued by the Company on 3 December 2004 under the US$10,000,000 debt issuance programme of Standard Chartered Bank and the Company ((1), (2) and (3) together, the "Notes").

The Company announces that it has exercised its option to redeem the Notes in whole on 4 December 2009 in accordance with the Terms and Conditions of the Notes. There are therefore no outstanding Notes in issue. The Company has applied to The Stock Exchange of Hong Kong Limited to withdraw the listing of the Notes. Such withdrawal of listing is expected to become effective upon the close of business on 10 December 2009.

By order of the Board

Lai Wing Nga

Company Secretary

Hong Kong, 7 December 2009

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As at the date of this announcement, the Directors of the Company are:

Chairman:
Sir CK Chow*

Executive Directors:
Hung Pi Cheng Benjamin; Fong Julian Loong Choon and Tan Siew Boi

Non-Executive Directors
Jaspal Singh Bindra; Tsang King Suen Katherine; Stefano Paolo Bertamini; Olga Louise Zoutendijk; Kwok Ping Luen Raymond; Ma Xuezheng; Norman Lyle; and Chan Wing Kin.

*Independent Non-Executive Directors