Standard Chartered PLC - Major Shareholding Notification 2006

On 20 July 2006, Standard Chartered PLC (the “Company”) was notified by Temasek Holdings (Private) Limited (“Temasek”) under Companies Act 1985 that Temasek’s wholly-owned subsidiary, Dover Investments Pte Ltd, had completed the acquisition of 152,399,222 ordinary shares in the Company announced on 27 March 2006. Temasek’s notification also identified the registered holders selling the shares. These shares, together with Temasek’s interest of 966,714 shares notified on 27 March 2006, represent 11.5 per cent of the issued ordinary share capital of the Company. The acquired shares comprised interests within the estate of the late Tan Sri Khoo Teck Puat (“Estate”) and interests of Goodwood Park Hotel Limited (“Goodwood Park”) and Glen Holdings (Pte) Limited (“Glen”). On 20 July 2006, the Company also received a notification on behalf of the Estate, Goodwood Park and Glen and certain other persons (together, the “Sellers”) of the sale of these shares.

The Company was also notified on 20 July 2006 that the agreement relating to the sale and purchase contains certain provisions which mean that until 20 January 2007, under technical Companies Act provisions, the Sellers are treated as interested by attribution in ordinary shares in which Temasek is interested and vice versa. The Company was further notified that certain of the Sellers are beneficially interested in an aggregate of 183,355 ordinary shares. Accordingly, by virtue of the technical Companies Act provisions referred to above, all of the Sellers and Temasek are treated as interested by attribution in such ordinary shares.

For further information, please contact:

Sean Farrell, Head, Media Relations

+44 20 7280 7163

[email protected]

Romy Murray, Head, Investor Relations

+44 20 7280 7245

[email protected]