Supplementary Financial Information

Net interest Margin and Interest Spread 2000 1999 Net interest margin 3.1% 3.4% Interest spread 2.5% 2.8%

£million £million Average interest earning assets 57,105 47,977 Average interest bearing liabilities 50,300 41,998

Cross Border Assets The following table shows the Group’s cross border assets, including acceptances, where they exceed 1 per cent of the Group’s total assets. Cross border assets exclude facilities provided within the Group. They comprise loans and advances, interest bearing deposits with other banks, trade and other bills, acceptances, amounts receivable under finance leases, certificates of deposit and other negotiable paper and investment securities where the counterparty is resident in a country other than that where the cross border asset is recorded. Cross border assets also include exposures to local residents denominated in currencies other than the local currency.

2000 1999 Public Public sector Banks Other Total sector Banks Other Total £million £million £million £million £million £million £million £million USA 431 1,062 467 1,960 764 282 424 1,470 Germany – 1,615 9 1,624 32 1,187 7 1,226 Hong Kong 8 54 1,289 1,351 8 95 1,188 1,291 Singapore 3 451 717 1,171 18 364 523 905 Korea 65 905 75 1,045 3 684 101 788 France 2 575 446 1,023 53 676 32 761 Italy* 130 834 21 985 Japan – 689 38 727 2 637 19 658 Australia* 82 588 46 716 Brazil# 8 559 69 636

*The cross border assets in these countries were less than 1 per cent of the Group’s total assets in 1999. #The cross border assets in Brazil were less than 1 per cent of the Group’s total assets in 2000.

Capital Ratios 2000 1999 £million £million Tier 1 capital 3,039 3,026 Tier 2 capital 3,039 2,195 6,078 5,221 Less supervisory adjustments (23) (24) Adjusted capital base 6,055 5,197 Risk weighted assets 33,860 28,082 Risk weighted contingents 9,377 7,121 Total risk weighted assets and contingents 43,237 35,203 Capital ratios: Tier 1 capital 7.0% 8.6% Total capital 14.0% 14.8%

1999 and 2000 figures have been calculated in accordance with the European Union Capital Adequacy Directive which became effective on 1 January 1996.

84 Standard Chartered Supplementary Information on Hong Kong The following table includes the results of all the Group’s activities in Hong Kong. It has been prepared using the same principles as those used to prepare the geographical segmental information included in note 43 on page 73. 2000 1999 HKDmillion HKDmillion Net revenue 9,328 8,661 Total operating expenses (4,318) (3,966) Operating profit before provisions 5,010 4,695 Provisions for bad and doubtful debts (979) (2,240) Operating profit before taxation 4,031 2,455

The information below is extracted from the financial information required by the Hong Kong Monetary Authority to be disclosed by authorised institutions incorporated outside Hong Kong. It excludes subsidiaries of Standard Chartered Bank in Hong Kong and Manhattan Card Company. It should be noted that definitions used by the Hong Kong Monetary Authority differ from those used by the Group. 2000 1999 HKDmillion HKDmillion Advances to customers (including trade bills) 163,857 134,138 Other assets 107,466 105,335 Total assets 271,323 239,473

Analysis of advances to customers Mortgages 88,699 76,139 Cards 15,366 7,272 Other consumer 7,069 3,909 Trade finance 8,750 10,728 Trade bills 1,990 2,100 Financial concerns 11,787 11,787 Other* 30,196 22,203 Provisions (2,573) (2,853) Net advances to customers 161,284 131,285

*Includes HKD 5,710 million (1999: HKD 4,323 million) reported as mortgages in note 43.

Gross non-performing advances to customers 6,398 7,397 Suspended interest (1,033) (805) Specific provisions (2,573) (2,853) 2,792 3,739

Gross non-performing advances as a percentage of gross advances to customers 3.9% 5.5%

Standard Chartered 85 Supplementary Financial Information continued

Supplementary Information on Singapore The following table includes the results of all the Group’s activities in Singapore. It has been prepared using the same principles as those used to prepare the geographical segmental information included in note 43 on page 73. 2000 1999 SGDmillion SGDmillion Net revenue 753 729 Total operating expenses (299) (280) Operating profit before provisions 454 449 Provisions for bad and doubtful debts (35) (146) Operating profit before taxation 419 303

The information below is provided in the same format as the financial information given for Hong Kong, but has been prepared using the same definitions as those used for the Group. 2000 1999 SGDmillion SGDmillion Advances to customers, net 10,907 10,089 Other assets 10,710 10,711 Total assets 21,617 20,800

Analysis of advances to customers Mortgages 4,927 4,373 Other consumer 1,459 1,566 Trade finance 883 741 Other 3,961 3,709 Provisions (323) (300) Net advances to customers 10,907 10,089

Gross non-performing advances to customers 557 614 Suspended interest (91) (63) Specific provisions (232) (237) 234 314

Gross non-performing advances as a percentage of gross advances to customers 5.0% 5.9%

86 Standard Chartered Supplementary Information on Malaysia The information below is derived from the 2000 Annual Report of Standard Chartered Bank Malaysia Berhad which will be filed with Bank Negara Malaysia. 2000 1999 MYRmillion MYRmillion Net revenue 958 900 Total operating expenses (423) (369) Operating profit before provisions 535 531 Provisions for bad and doubtful debts (76) (193) Operating profit before taxation 459 338

Advances and financing 12,027 11,975 Other assets 7,569 5,986 Total assets 19,596 17,961

Analysis of advances and financing Mortgages (excluding MYR 763 million (1999: MYR 834 million) loans sold to Cagamas) 5,504 4,952 Other consumer 1,281 995 Trade finance 1,345 1,503 Other 4,918 5,470 Provisions (1,021) (945) Net advances to customers 12,027 11,975

Gross non-performing advances to customers 1,543 1,513 Suspended interest (282) (233) Specific provisions (517) (492) 744 788

Gross non-performing loans and advances as a percentage of gross loans and advances 11.2% 11.0%

Standard Chartered 87 Supplementary Financial Information continued

Supplementary Information on India The following table includes the results of all the Group’s activities in India. It has been prepared using the same principles as those used to prepare the geographical segmental information included in note 43 on page 73. 2000 1999 INRmillion INRmillion Net revenue 12,243 5,776 Total operating expenses (5,936) (5,281) Operating profit before provisions 6,307 495 Provisions for bad and doubtful debts (1,370) (1,121) Operating profit before taxation 4,937 (626)

The information below is provided in the same format as the financial information given for Hong Kong, but has been prepared using the same definitions as those used for the Group. 2000 1999 INRmillion INRmillion Advances to customers, net 82,119 34,023 Other assets 125,406 43,177 Total assets 207,525 77,200

Analysis of advances to customers Mortgages 4,888 562 Other consumer 32,172 17,580 Trade finance 16,537 4,748 Other 34,504 13,874 Provisions (5,982) (2,741) Net advances to customers 82,119 34,023

Gross non-performing advances to customers 7,514 4,068 Suspended interest (1,588) (711) Specific provisions (4,394) (2,030) 1,532 1,327

Gross non-performing advances as a percentage of gross advances to customers 8.5% 11.1%

88 Standard Chartered Five Year Summary 2000 1999 1998 1997 1996 Amounts in £million Operating profit before provisions 908 1,002 1,139 1,060 882 Provisions for bad and doubtful debts, and contingent liabilities and commitments (310) (495) (436) (156) (64) Operating profit 598 507 703 904 818 Profit before taxation 949 507 703 870 870 Profit attributable to shareholders 677 344 463 584 592

Loans and advances to banks 15,935 11,401 9,528 9,085 10,636 Loans and advances to customers 34,797 28,797 26,091 25,648 20,447 Total assets 68,599 54,132 47,858 47,181 42,138

Deposits by banks 7,447 5,555 4,930 6,767 7,212 Customer accounts 43,620 35,149 30,272 27,543 24,007

Shareholders’ funds 4,261 3,366 2,820 2,553 2,339 Total capital resources (1) 7,371 5,334 4,026 3,744 3,598 Information per ordinary share Basic earnings per share 60.8p 31.4p 44.8p 57.4p 59.0p Headline earnings per share 32.2p 33.2p 45.4p 61.7p 55.5p Normalised earning per share(2) 46.9p 33.2p 45.4p 49.8p 55.5p Dividends per share 25.135p 22.85p 20.75p 18.5p 14.5p Net asset value per share 360.4p 298.4p 261.8p 237.0p 217.6p Ratios Post-tax return on ordinary shareholders’ funds–normalised basis(2) 14.1% 12.0% 18.0% 25.3% 29.5% Basic cost to income ratio 66.3% 57.9% 51.9% 51.7% 55.2% Cost to income ratio – headline basis 64.8% 57.0% 51.6% 49.7% 56.6% Cost to income ratio – normalised basis 56.9% 57.0% 51.6% 49.7% 56.6% Capital ratios: Tier 1 capital 7.0% 8.6% 8.2% 8.0% 8.6% Total capital 14.0% 14.8% 12.7% 12.5% 13.6% Exchange rate US$/£ (year-end) 1.49 1.62 1.66 1.65 1.70 Exchange rate US$/£ (average) 1.52 1.62 1.66 1.64 1.56

(1) Shareholders’ funds, minority interests and subordinated loan capital. (2) Results on a normalised basis reflect the Group’s results, excluding profits on disposal of subsidiary undertakings and charges for restructuring.

Standard Chartered 89 Principal Group Addresses

Head Office Hong Kong SAR Jordan Standard Chartered PLC Standard Chartered Bank Standard Chartered Grindlays Bank Limited 1 Aldermanbury Square, Standard Chartered Bank Building, PO Box 9997, Shmeissani, London EC2V 7SB 4-4A Des Voeux Road, Central, Amman 11191, Jordan Telephone: (020) 7280 7500 (Postal address: GPO Box 21), Hong Kong Telephone: (06) 560 7201 Telephone: 2820 3333 Chief Executive Officer: David Manson Australia Country Chief Executive Officer: Peter Wong Standard Chartered Bank Kenya Australia Limited Colombia Standard Chartered Bank Kenya Limited 345 George Street, Sydney, Banco Standard Chartered Colombia Moi Avenue, Box 30003, Nairobi, Kenya New South Wales 2000, Calle 74 No. 6-65, Telephone: (02) 330200 (Postal address: GPO Box 7042 Bogotá, Colombia Country Chief Executive Officer: Les Gibson Sydney, NSW 2001), Australia Telephone: (01) 326 4030 Telephone: (02) 9232 9333 Country Chief Executive Officer: Hans Theilkuhl Lebanon Country Chief Executive Officer: Eugene Ellis Standard Chartered Bank s.a.l. Falkland Islands Dbaye 509 Building, Dbaye Highway, PO Box 70216, Antelias, Lebanon Bahrain Standard Chartered Bank Telephone: 961 (04) 542474 Standard Chartered Bank Box 166/597, Ross Road, Country Chief Executive Officer: Ross Holden Government Road, Stanley, Falkland Islands PO Box 29, Manama, Telephone: 21352 Macau Bahrain Country Chief Executive Officer: Keith Biles Standard Chartered Bank Telephone: 223636 8/F Office Tower, Macau Landmark, Country Chief Executive Officer: Osman Morad The Gambia Avenida de Amizade, Z.A.P.E. Standard Chartered Bank Gambia Limited PO Box 3014, Macau Bangladesh Box 259, 8 Ecowas Avenue, Telephone: 786111 Standard Chartered Bank Banjul, The Gambia Country Chief Executive Officer: Abraham Wong Box 536, 18-20 Motijheel Commercial Area, Telephone: 227744 Dhaka – 1000, Bangladesh Country Chief Executive Officer: Stanley Tsikirayi Malaysia Telephone: (02) 956 1465 Standard Chartered Bank Malaysia Berhad 2 Jalan Ampang, 50450 Kuala Lumpur, Country Chief Executive Officer: Rumee Ali Ghana (Postal address: PO Box 11001, Standard Chartered Bank Ghana Limited 50732 Kuala Lumpur), Malaysia Botswana Third Floor, Accra High Street Building, Telephone: (03) 232 6555, 232 7766 Standard Chartered Bank PO Box 768, Accra Country Chief Executive Officer: Mike Hague Botswana Limited Telephone: (021) 664591-8 Box 496, 5th Floor, Country Chief Executive Officer: Joseph Abraham Nigeria Standard House, The Mall, Standard Chartered Bank Nigeria Limited Gaborone, Botswana India Plot 105b, Ajose Adeogun Street, Telephone: 360 1500 Standard Chartered Bank Victoria Island, Lagos, Nigeria Country Chief Executive Officer: Andy Prebble Standard Chartered Grindlays Bank Telephone: (01) 262 6801–5 90 Mahatma Ghandi Road, Country Chief Executive Officer: David Cutting Brunei PO Box 725, Oman Standard Chartered Bank Mumbai, 400 001, India Standard Chartered Bank 51-55 Jalan Sultan, Telephone: (022) 267 0162 PO Box 2353, Postal Code 112, (Postal address: PO Box 186, Country Chief Executive Officer: Jaspal Bindra Ruwi Sultanate of Oman Bandar Seri Begawan BS8670), Brunei Telephone: 703999, 703796, 703574 Telephone: (02) 242386/9 Indonesia Country Chief Executive Officer: Country Chief Executive Officer: Simon Morris Standard Chartered Bank Murtadha Mohamed Ali Kukoor Wisma Standard Chartered Bank, Cambodia Jl. Jend. Sudirman Kav.33-A, Jakarta 10220, Pakistan Standard Chartered Bank (Postal address: PO Box 57 JKWK Standard Chartered Bank 89 Norodom Boulevard, Jakarta 10350), Indonesia Box 4896, Ismail Ibrahim Chundrigar Road, PO Box 46, Telephone: (021) 251 3333 Karachi 2, Pakistan Phnom Penh, Country Chief Executive Officer: Ray Ferguson Telephone: (021) 241 6485-9 Country Chief Executive Officer: Ahmed Rehman Cambodia Tel: (23) 216685, 212732 Ivory Coast Peru Country Chief Executive Officer: Ong Teong Hoon Standard Chartered Bank Cote d’lvoire SA Banco Standard Chartered 23 Boulevard de la Republique, Av. Canaval y Moreyra 454, Cameroon 17 BP 1141, Abidjan 17, Main Floor, San Isidro, Lima 27, Peru, Standard Chartered Bank Cameroon S.A. Cote d’lvoire Telephone: (01) 442 2121 Boulevard de la Liberté, BP 1784, Telephone: 20 30 32 00 Country Chief Executive Officer: Luis Jose Giove Douala, Cameroon Country Chief Executive Officer: Ebenezer Essoka Telephone: 435 200 Philippines Country Chief Executive Officer: Greg Fletcher Japan Standard Chartered Bank Standard Chartered Bank 6788 Ayala Avenue, Makati City , China 21st Floor, Sanno Park Tower, (Postal address: PO Box 1220, Makati Central Post Office, Makati City), Philippines Standard Chartered Bank 2–11–1, Nagata–Cho, Telephone: (02) 886 7888 35/F China Merchants Tower, Chiyoda–Ku, Tokyo 100–6155 Country Chief Executive Officer: Annemarie Durbin 161 East Lujiazui Lu, Pudong District, Telephone: (03) 5511 1200 Shanghai 200120, China Country Chief Executive Officer: Julian Wynter Qatar Telephone: (021) 5887 1230 Extn 7338 Standard Chartered Bank Country Chief Executive Officer: Stanley Wong Jersey Abdullah Bin Jasim Street, Box 29 , Standard Chartered Bank (C.I.) Limited Doha, Qatar PO Box 89, Standard Chartered House, Telephone: 414252 Conway Street, St. Helier, Jersey JE4 8PY Country Chief Executive Officer: Arif Mansoor Telephone: (01534) 507000 Country Chief Executive Officer: Christopher Dickinson

90 Standard Chartered Republic of Korea (South Korea) United States of America Standard Chartered branches/offices Standard Chartered Bank Standard Chartered Bank Argentina 1 22nd Floor, Seoul Finance Center Building, 7 World Trade Center, New York, Australia 1 63 Mookyo–Dong, Chung–Ku, NY 10048, USA Bahamas 1 Seoul 100–768, Republic of Korea Telephone: (212) 667 0700 Bahrain 5 Telephone: (02) 750 6114 Country Chief Executive Officer: Bob McDonald Bangladesh 15 Country Chief Executive Officer: Bill Gemmel Standard Chartered Bank Botswana 15 Latin American Division, Sierra Leone Brazil 1 Suite 1700, 701 Brickell Avenue, Standard Chartered Bank Brunei 16 Miami, Florida 33131, USA Sierra Leone Limited Cambodia 1 Telephone: (305) 810 5500 PO Box 1155, 9-11, Cameroon 3 Contact: Frank Robleto Lightfoot Boston Street, China 16 Freetown, Sierra Leone Venezuela Hong Kong SAR 94 Telephone: (022) 226220, 225021 Colombia 4 Country Chief Executive Officer: Roger Urion Banco Standard Chartered Avenida La Estancia, Falkland Islands 1 Singapore Centro Banavén, Nùcleo D, The Gambia 3 Standard Chartered Bank Piso 5, Chuao, Ghana 22 6 Battery Road, Singapore 049909 Caracas 1060, Venezuela Greece 2 (Postal address: PO Box 1901, Telephone: (02) 993 0522 India 68 Singapore 903801) Country Chief Executive Officer: Carlos Rojas Indonesia 5 Telephone: 225 8888 Iran 1 Vietnam Country Chief Executive Officer: Theresa Foo Israel 1 Standard Chartered Bank Ivory Coast 1 Sri Lanka Regency Hanoi Towers, Unit 8-01, Standard Chartered Bank 49 Hai Ba Trung Street, Hanoi, Vietnam Japan 1 PO Box 27, 17 Janadhipathi Mawatha, Telephone: (04) 825 8970 Jersey 2 Colombo 1, Sri Lanka Country Chief Executive Officer: Thomas Bowen Jordan 11 Telephone: (01) 326671, 433303 Kenya 31 Country Chief Executive Officer: Frank Gamble Zambia Laos 1 Standard Chartered Bank Zambia Limited Lebanon 6 Taiwan Box 32238, Standard House, Cairo Road, Macau 1 Standard Chartered Bank Lusaka, Zambia Malaysia 44 168 Tun Hwa North Road, Telephone: (01) 229242/59 Mexico 2 Taipei 105, Taiwan Country Chief Executive Officer: John Janes Telephone: (02) 2716 6261, 2717 2866 Myanmar 1 Country Chief Executive Officer: Jeffrey Williams Zimbabwe Nepal 9 Standard Chartered Bank Zimbabwe Limited Nigeria 2 Tanzania John Boyne House, PO Box 373, Oman 1 Standard Chartered Bank 38 Speke Avenue, Harare, Zimbabwe Pakistan 18 International House Property, Telephone: (14) 752864/8, 753212/5 Palestine 3 Corner Shaaban Robert and Garden Avenue, Country Chief Executive Officer: Washington Matsaira Peru 3 PO Box 9011, Dar es Salaam, Tanzania Telephone: (22) 2122 160 Philippines 6 Representative offices Qatar 1 Country Chief Executive Officer: Chris Low (Full banking facilities not provided) Republic of Korea (South Korea) 1 Thailand Argentina Sierra Leone 1 Standard Chartered Bank Telephone: (011) 4875 0500 Singapore 22 990 Rama IV Road, South Africa 1 (GPO Box 320), Bangkok 10500, Bahamas Sri Lanka 4 Thailand Telephone: (32) 33426, 26667 Switzerland 2 Telephone: (02) 636 1000 Country Chief Executive Officer: Vishnu Mohan Brazil Taiwan 3 Telephone: (021) 203 7000 Tanzania 6 Standard Chartered Nakornthon Bank Public Thailand 71 Company Limited Iran Uganda 5 90 North Sathorn Road, Telephone: (021) 88 81 918/9 Sathorn Thani Building Silom, United Arab Emirates 7 Bangrak, Bangkok 10500, Thailand Laos United Kingdom 6 Telephone: (02) 636 7000 Telephone: (021) 222251 United States of America 4 Venezuela 3 Uganda Mexico Vietnam 2 Telephone: (05) 387 1303 Standard Chartered Bank Uganda Limited Zambia 14 5 Speke Road, Kampala, Myanmar Zimbabwe 45 (Postal address: PO Box 7111, Kampala), Telephone: (01) 240260 Uganda Telephone: (041) 258211/7 Nepal The area codes provided are local. Country Chief Executive Officer: Richard Etemesi Telephone: (01) 248090 United Arab Emirates Switzerland Standard Chartered Bank Telephone: (01) 388 6969 PO Box 999, Al Mankhool Road, Dubai, United Arab Emirates South Africa Telephone: (04) 5070 350/352 Telephone: (011) 484 7556/7 Country Chief Executive Officer: Alex Thursby

United Kingdom Standard Chartered Bank 1 Aldermanbury Square, London EC2V 7SB Telephone: (020) 7280 7500 Country Chief Executive Officer: David Morgan

Standard Chartered 91 Shareholder Information

Dividend and Interest Payment Dates Interim dividend Ordinary Shares Final dividend (provisional only) Results and dividend announced 21 February 2001 1 August 2001 Ex dividend date 28 February 2001 8 August 2001 Record date for dividend 2 March 2001 10 August 2001 Last date to elect for share dividend or to change standing instructions 1 May 2001 25 September 2001 Dividend payment date 25 May 2001 12 October 2001

Preference Shares 1st half yearly dividend 2nd half yearly dividend

73/8 per cent Non-Cumulative Irredeemable Preference shares of £1 each 2 April 2001 1 October 2001 81/4 per cent Non-Cumulative Irredeemable Preference shares of £1 each 2 April 2001 1 October 2001

Loan Stock 1st half yearly payment 2nd half yearly payment

127/8 per cent Subordinated Unsecured Loan Stock 2002/2007 31 March 2001 30 September 2001

Annual General Meeting The Annual General Meeting will be held at 12 noon on Thursday 3 May 2001 at Merchant Taylors’ Hall, 30 Threadneedle Street, London EC2R 8JB.

Interim Results The interim results will be announced to the London Stock Exchange, advertised in the national press and put on our web site (www.standardchartered.com).

ShareCare ShareCare allows you to hold your Standard Chartered shares in a nominee account. Your shares can be held in electronic form so you will no longer have to worry about keeping your share certificates safely. If you join ShareCare you will still be invited to attend the Company’s AGM and you will still receive your dividend at the same time as everyone else. ShareCare is free to join and there are no annual fees to pay, if you would like to receive more information please contact the shareholder helpline on 0870 702 0138.

Low Cost Share Dealing Service We are pleased to be able to offer you a postal dealing service through NatWest Stockbrokers Limited and the use of the Instant Share Dealing Service which is available in many NatWest branches. If you would like details of these services please contact NatWest Stockbrokers Limited on 020 7895 5489*.

Previous Dividend Payments Dividend Dividend per Cost of one new ordinary share & financial year Payment date ordinary share under share dividend scheme Interim 1996 18 October 1996 4.25p 714.3p Final 1996 30 May 1997 10.25p 864.2p Interim 1997 17 October 1997 5.25p No offer Final 1997 29 May 1998 13.25p 884.3p Interim 1998 16 October 1998 6.25p 587.2p Final 1998 28 May 1999 14.50p 889.5p Interim 1999 15 October 1999 6.75p 860.8p Final 1999 26 May 2000 16.10p 797.9p Interim 2000 13 October 2000 7.425p 974.3p

Bankers’ Automated Clearing System (BACS) Dividends and loan stock interest can be paid straight into your bank or building society account. Please contact Computershare for a mandate form.

Registrars and Shareholder Enquiries All shareholder enquiries should be addressed to the Company’s registrar, Computershare Services PLC, PO Box 82, The Pavilions, Bridgwater Road, Bristol, BS98 7NH. Shareholder helpline 0870 702 0138. You can check your holding at www.computershare.com. Standard Chartered on the Internet For more information about Standard Chartered and our businesses you can visit our web site on www.standardchartered.com.

* These details are given for information only and this is not a recommendation by Standard Chartered to use the services of NatWest Stockbrokers. NatWest Stockbrokers Limited and National Westminster Bank Plc have approved the references to them for the purposes of section 57 of the Financial Services Act 1986.

92 Standard Chartered Key Achievements

January August • Launched e-nnovator of the year awards in Hong Kong and China • RMB settlement agreement signed with the Industrial and for enterprises and individuals who use the internet creatively as Commercial Bank of China. This agreement reflects the trend for a business tool. local and foreign banks to work together to meet the opportunities • Rated World’s Best Bank by Forbes Global magazine. provided by China’s accession to the World Trade Organisation. • Major productivity programme announced. February • e-Mortgage loan approval and financial information services • In Singapore exceeded SIN$1 billion in the retail unit trust market. available on WAP phones. The first bank in Singapore to cross this milestone. Now the largest independent supplier of investment funds in Asia. September • Acquired the export finance business of Canadian Imperial Bank • Agreed to buy Chase Hong Kong consumer banking operations of Commerce (CIBC). for US$1.32 billion. • In Hong Kong launched on-line system to support smaller, medium • Sold Chartered Trust to Lloyds TSB for £627 million. sized industries enabling them to settle payments from overseas • Share placing raises £450 million. buyers over the internet. • Signed agreement with Industrial and Commercial Bank of China • Acquired Metropolitan Bank in the Lebanon. to co-operate in international trade and cash settlement in the emerging markets of Latin America, Asia Pacific, Middle East, March South Asia and Africa. ICBC is the largest commercial bank in • Raised approximately £600 million through convertible bonds and China, with total deposits exceeding US$360 billion. non-cumulative perpetual preferred securities, to fund strategic • Opened new model Sugar Street branch in Hong Kong. growth opportunities. • The first bank in Hong Kong to launch e-Mortgage available through October the internet, offering instant valuation and loan approval; the service • Founding member of the Atriax electronic internet based foreign is hyper-linked to the website of leading property developers, real exchange marketplace. estate agents and solicitor firms. • Won Euromoney magazine Best Foreign Bank Award in Botswana, • On-line Treasury launched in Hong Kong. Cameroon, Ghana, Kenya and Zimbabwe – and Best Bank in • FX / MM magazine – Best Bank in: Hong Kong Dollars, Middle East SubSaharan Africa. Currencies, Asian Currencies. November April • Completed Chase Hong Kong acquisition. • Completed the roll out of a world class custody system in fifteen • MeStandardChartered on-line launched in Hong Kong, providing Asian markets. The system positions the Bank at the forefront of personalised banking and investment services on the internet. technology in Asian custody and clearing. • Launched on-line broking in Hong Kong. • Bancassurance alliance with Prudential launched in Malaysia. • Ranked as Best Bank in Subcustodial Services in India and China • Signed agreement to acquire Grindlays in the Middle East and by Global Custodian magazine. South Asia, and the associated Grindlays private banking business December for US$1.34 billion. • Agreed locations for new global processing hubs – Chennai in May southern India, Kuala Lumpur in Malaysia. • Launched e-nnovator awards in Singapore. • MeStandardChartered On-line launched in Singapore. • Piloted on-line trade finance in Hong Kong. June • Won ‘Deal of the Year’ awards from Trade Finance magazine for • e-Valuation service launched on WAP telephones allowing projects in Chile and Brazil banks. customers and selected property agents in Hong Kong instant • Won ‘Deal of the Year’ award from Institutional Investor magazine property valuation on 650,000 units 24 hours a day, seven days for the acquisition of Grindlays and Chase Hong Kong Consumer – a week. ‘the two biggest banking acquisitions in Asia in 2000’. July • Awarded Best Bank in Emerging African/Middle Eastern currencies • Completed Grindlays acquisition. by FX Week. • Gained award from Finance Asia as Best Foreign Commercial Bank in China. • Re-opened the flagship branch at Battery Road in Singapore. Designed and produced by Williams and Phoa Photography by Mike Goldwater/Ian Murphy Printed in the UK

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