UAE, 02 May, 2011 - Standard Chartered announced today that as part of its enhanced securities services offering, the bank is pleased to offer special services and terms to clients who are scheduled to receive Sukuks as part of Nakheel's Creditors Settlement programme. The offer covers assistance with custody account opening, documentation and subsidised tariff.

An experienced and specially-trained team has been formed to ensure seamless onboarding of clients for this specific transaction. More details of this offer may be obtained by contacting Standard Chartered's Securities Services Department on +971 (0) 45082210 or ae.securities-services@sc.com

Standard Chartered is a custodian for all three markets in the UAE - Abu Dhabi Securities Exchange, Dubai Financial Market and NASDAQ Dubai. Standard Chartered is sole Clearing Bank for NASDAQ Dubai and Settlement Bank for NASDAQ Dubai and Dubai Financial Market.

Standard Chartered has been operating in the UAE since 1958 and has the largest network among international banks in the country.  The Bank has more than 2400 employees working in the UAE, which is considered one of its top five markets globally.

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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 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 around 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

For more information, contact:
Piers Townsend
Regional Head of Business & Corporate Communication, MENAP
Standard Chartered Bank
Tel: +971(0)45085916
Mob: +971(0)555085916
Piers.Townsend@sc.com

© Press Release 2011