Standard Chartered PLC — M&A Activity 2011

Jul 15, 2011

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STANDARD CHARTERED PLC

(渣打集團有限公司)

(Registered in England and Wales number 966425)

(Stock code: 02888)

15 July 2011

Standard Chartered PLC to conduct due diligence on Piraeus Bank Egypt S.A.E

Standard Chartered PLC notes the recent announcement from Piraeus Bank S.A. and confirms that a request has been submitted to the Central Bank of Egypt for it to conduct due diligence into the operations of Piraeus Bank Egypt S.A.E, in which Piraeus Bank S.A. holds approximately 98 per cent, with a view to acquiring those shares. There can be no certainty as to whether any agreement will be reached between Standard Chartered PLC and Piraeus Bank S.A. The financial impact of any transaction is not expected to be material for Standard Chartered PLC.

ENDS

For further details please contact:

Standard Chartered

Piotr Zajac, Head of Investor Relations

Tel: +44 20 788 56454

Piotr.A.Zajac@sc.com

Jon Tracey, Head of Media Relations

Tel: +44 20 7885 7613

Jonathan.Tracey@sc.com

Note to Editors:

Standard Chartered – leading the way in Asia, Africa and the Middle East

Standard Chartered PLC is a leading international bank, listed on the London, Hong Kong and Mumbai stock exchanges. It has operated for over 150 years in some of the world's most dynamic markets and earns more than 90 per cent of its income

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and profits in Asia, Africa and the Middle East. This geographic focus and commitment to developing deep relationships with clients and customers has driven the Bank's growth in recent years.

With 1,700 offices in 70 markets, Standard Chartered offers exciting and challenging international career opportunities for more than 85,000 staff. It is committed to building a sustainable business over the long term and is trusted worldwide for upholding high standards of corporate governance, social responsibility, environmental protection and employee diversity. The Bank's heritage and values are expressed in its brand promise, 'Here for good'.

For more information on Standard Chartered, please visit www.standardchartered.com

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 and Mr Alun Michael Guest Rees;

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 Stocken.