Standard Chartered PLC — M&A Activity 2004

Aug 30, 2004

Standard Chartered PLC

Standard Chartered PLC

Standard Chartered PLC

The Stock Exchange of Hong Kong Limited takes no responsibility for the contents of this announcement, makes no representation as to its accuracy or completeness and expressly disclaims any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

Standard Chartered PLC

(渣打集團有限公司)

(Registered in England and Wales number 966425)

(Stock Code: 2888)

COMPLETION OF ACQUISITION

On 28 June 2004, Standard Chartered PLC announced that its wholly-owned subsidiary, Standard Chartered Links (HK) Limited, had signed an agreement to acquire the entire issued share capital of Advantage Limited, the holding company of PrimeCredit Limited and PrimeCredit (Asia) Limited, whose principal business is the provision of sub-prime credit in Hong Kong.

The Directors are pleased to confirm that the above acquisition was completed on 27 August 2004.

By Order of the Board

David J. Brimacombe

Company Secretary

Hong Kong, 27 August 2004

Standard Chartered PLC

30-8-2004

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Standard Chartered PLC

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

Executive Directors – Mr. Bryan Kaye Sanderson, CBE; Mr. Evan Mervyn Davies, CBE; Mr. Michael Bernard DeNoma; Mr. Christopher Avedis Keljik; Mr. Richard Henry Meddings; Mr. Kaikhushru Shiavax Nargolwala; Mr. Peter Alexander Sands; and

Independent Non-Executive Directors – Sir CK Chow; Mr. James Frederick Trevor Dundas, Mr. Ho KwonPing; Mr. Rudolph Harold Peter Markham; Ms. Ruth Markland; Mr. Hugh Edward Norton; Mr. Paul David Skinner; Mr. Oliver Henry James Stocken.

Please also refer to the published version of this announcement in South China Morning Post dated 30 August 2004.

Standard Chartered PLC
30-8-2004