Standard Chartered PLC — Earnings Release 2003

Feb 18, 2004

Listed Company Information

STANCHART<02888> - Results Announcement (Summary) Standard Chartered PLC announced on 18/02/2004: (stock code: 02888 ) Year end date: 31/12/2003 Currency: USD Auditors' Report: Unqualified (Audited ) (Audited ) Last Current Corresponding Period Period from 01/01/2003 from 01/01/2002 to 31/12/2003 to 31/12/2002 Note ('Million ) ('Million ) Turnover : 2,968 3,063 Profit/(Loss) from Operations : 1,542 1,262 Finance cost : N/A N/A Share of Profit/(Loss) of Associates : N/A N/A Share of Profit/(Loss) of Jointly Controlled Entities : N/A N/A Profit/(Loss) after Tax & MI : 1,018 844 % Change over Last Period : +21 % EPS/(LPS)-Basic (in dollars) : 0.815 0.576 -Diluted (in dollars) : 0.805 0.572 Extraordinary (ETD) Gain/(Loss) : N/A N/A Profit/(Loss) after ETD Items : 1,018 844 Final Dividend : US36.49 cents US32.90 cents per Share (Specify if with other : in USD, HKD, GBP in USD, HKD, GBP options) or share dividend or share dividend Record Dates for Final Dividend : HK shareholders: 27/02/2004 (9:00 am HK Time) UK shareholders: 27/02/2004 (cob: UK Time) Payable Date : 14/05/2004 (UK Time) Record Dates for Annual General Meeting : 11/05/2004 (12 noon UK Time) (provisional) Other Distribution for : N/A Current Period B/C Dates for Other Distribution : N/A Remarks: (1) Standard Chartered PLC was listed in Hong Kong on 31 October 2002. The consolidated accounts of the Group are drawn up in accordance with Part VII Chapter II of the Companies Act 1985 (the Act), applicable Accounting Standards and the British Bankers' Association Statements of Recommended Accounting Practice. (2) The calculation of basic earnings per share is based on earnings (after minority interest and preference share dividends and premium and costs paid on redemption of preference shares) of US$951million (2002 : US$654million) and on the average of 1,167,333,000 shares (2002 : 1,135,664,000 shares) outstanding during the year. (3) The calculation of diluted earnings per share is based on earnings of US$972 million (2002 : US$671 million) and on the average of 1,207,982,000 shares (2002 : 1,172,320,000 shares) outstanding during the year, adjusted for the effects of all dilutive potential shares.