Standard Chartered PLC — Share Issue/Capital Change 2009

Aug 4, 2009

NOT FOR ISSUE, RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO CANADA, AUSTRALIA, JAPAN OR THE UNITED STATES OF AMERICA

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

STANDARD CHARTERED PLC

(渣打集團有限公司)

(Registered in England and Wales number 966425)

(Stock Code: 02888)

4 August 2009

Results of the placing of new ordinary shares of US$0.50 each by Standard Chartered

Further to the announcement made earlier today regarding the placing of new ordinary shares of US$0.50 each in Standard Chartered (the "Placing Shares") to support the development and growth of Standard Chartered's business (the "Placing"), the Placing Price (as defined below) has now been determined following the completion of the accelerated bookbuilding process.

Standard Chartered confirms that 75,000,000 Placing Shares have been placed by J.P. Morgan Cazenove Limited ("JPMC") and UBS Investment Bank ("UBS Limited" or "UBS") at a price of £13.60 per Placing Share (the "Placing Price"). Based on this price, the gross proceeds receivable by Standard Chartered are £1,020 million. The net proceeds receivable by Standard Chartered are £1,007 million, a net price per Placing Share of £13.42. The Placing Shares being issued represent 3.9% of the issued ordinary share capital of the Company prior to the Placing. The market price of Standard Chartered's ordinary shares on the London Stock Exchange at close of business (UK time) on 3 August 2009 was £14.36. The places (comprising more than 6 in number) are professional and institutional investors, independent and not connected with Standard Chartered and its subsidiaries and their respective associates.

Application will be made to the Financial Services Authority for admission of the Placing Shares to the Official List of the UK Listing Authority (the "Official List"), to the London Stock Exchange for admission to trading of the Placing Shares on the London Stock Exchange's market for listed securities (together "UK Admission") and to the Hong Kong Stock Exchange for the approval of the Placing Shares and permission to deal in the Placing Shares on the Hong Kong Stock Exchange ("HKSE Admission"). It is expected that UK Admission will take place at 8.00 a.m. on 7 August 2009 and that dealings in the Placing Shares on the London Stock Exchange's market for listed securities will commence at that time. It is expected that HKSE Admission will take place at 9.30 a.m. on or around 11 August 2009. During any time interval between UK Admission and HKSE Admission, the respective total tradeable shares in the Company will differ by the amount of the Placing Shares, with the Placing Shares not being tradeable in Hong Kong during this interval unless they are validly transferred to the Hong Kong register of the Company.

---

The Placing Shares will be credited as fully paid and will rank pari passu in all respects with the existing ordinary shares of US$0.50 each in the capital of Standard Chartered including the right to receive all dividends and other distributions declared, made or paid after the date of issue. The Placing is not subject to shareholders' approval.

By order of the Board

Annemarie Durbin

Group Company Secretary

Hong Kong, 4 August 2009

CONTACTS:

Investors

Stephen Atkinson

Head of Investor Relations

+44 (0) 20 7280 7245

Press

Arijit De

Head of Media Relations

+44 (0)20 7885 7163

GENERAL

This announcement has been issued by Standard Chartered and is the sole responsibility of Standard Chartered.

THIS ANNOUNCEMENT IS NOT BEING ISSUED IN THE UNITED STATES OF AMERICA AND MAY NOT BE DISTRIBUTED IN THE UNITED STATES OF AMERICA.

J.P. Morgan Cazenove and UBS Limited are each acting exclusively for the Company and no-one else in connection with the Placing. Neither J.P. Morgan Cazenove nor UBS Limited will be responsible to anyone other than the Company for providing the protections afforded to their respective clients nor for providing advice in relation to the Placing or any other matter referred to in this announcement.

This announcement is for information purposes only and does not constitute an offer or an invitation to acquire or dispose of any securities or investment advice in any jurisdiction.

In particular, this announcement does not constitute an offer to sell or issue or the solicitation of an offer to buy or subscribe for securities in any jurisdiction including, without limitation, the United Kingdom, the United States, Canada, Australia, Hong Kong or Japan. The securities referred to in this announcement have not been and will not be registered under the U.S. Securities Act of 1933 (the "U.S. Securities Act") and may not be offered, sold or transferred within the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the U.S. Securities Act. No public offering of the Placing Shares will be made in the United States.

This announcement includes "forward-looking statements". All statements other than statements of historical fact included in this announcement, including, without limitation, those regarding Standard Chartered's financial position, business strategy, plans and objectives of

---

management for future operations, are forward-looking statements. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Standard Chartered's, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such forward-looking statements are based on numerous assumptions regarding Standard Chartered's present and future business strategies and the environments in which Standard Chartered will operate in the future and such assumptions may or may not prove to be correct. There are a number of factors which could cause actual results, performance of Standard Chartered, or industry results to differ materially from those expressed or implied in forward looking statements. Among the factors that could cause actual results, performance of Standard Chartered, or industry results to differ materially from those described in the forward looking statements are changes in global, political, economic, business, competitive, market and regulatory forces, future exchange and interest rates, changes in tax rates and future business combinations or dispositions. These forward-looking statements speak only as of the date of this announcement. Standard Chartered expressly disclaims any obligation (except as required by the rules of the UK Listing Authority and the London Stock Exchange or the Listing Rules of the Hong Kong Stock Exchange) or undertaking to disseminate any updates or revisions to any forward-looking statement contained herein to reflect any change in Standard Chartered's expectations with regard thereto or any change in events, conditions or circumstances on which any such statement is based.

No statement in this announcement is intended to be a profit forecast and no statement in this announcement should be interpreted to mean that earnings per share of Standard Chartered for the current or future financial years would necessarily match or exceed the historical published earnings per share of Standard Chartered.

The Directors of Standard Chartered are:

Chairman:
Mr John Wilfred Peace

Executive Directors:
Mr Peter Alexander Sands; Mr Stefano Paolo Bertamini; Mr Gareth Richard Bullock; Mr Richard Henry Meddings and Mr Alun Michael Guest Rees;

Independent Non-Executive Directors:
Mr James Frederick Trevor Dundas; Ms Valerie Frances Gooding, CBE; Mr Rudolph Harold Peter Markham; Ms Ruth Markland; Mr John Gregor Hugh Paynter; Mr Paul David Skinner and Mr Oliver Henry James Stocken.