Obligation Stanchart Bank 0% ( XS0864473631 ) en ZAR

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XS0864473631 ( en ZAR )

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Prospectus brochure de l'obligation STANDARD CHARTERED BANK XS0864473631 en ZAR 0%, échue

Standard Chartered est une banque multinationale britannique qui opère principalement en Asie, en Afrique et au Moyen-Orient, offrant une large gamme de services financiers aux particuliers, aux entreprises et aux institutions.

L'Obligation émise par Stanchart Bank ( Royaume-uni ) , en ZAR, avec le code ISIN XS0864473631, paye un coupon de 0% par an.
Le paiement des coupons est annuel et la maturité de l'Obligation est le 02/06/2017

BASE PROSPECTUS
STANDARD CHARTERED BANK
(incorporated with limited liability in England by Royal Charter 1853 with reference number ZC18)
STANDARD CHARTERED BANK (HONG KONG) LIMITED
(incorporated with limited liability in Hong Kong: number 875305)
Credit Linked Product Prospectus
Pursuant to the U.S.$10,000,000,000 Structured Product Programme
Under the Structured Product Programme (the "Programme") described in this Product Prospectus, each
of Standard Chartered Bank ("SCB") and Standard Chartered Bank (Hong Kong) Limited ("SCBHK", and
together with SCB, the "Issuers" and, each an "Issuer") may from time to time issue notes (the "Notes"),
warrants (the "Warrants") and certificates (the "Certificates" and, together with Notes and Warrants, the
"Securities"), including credit linked Notes (the "Credit Linked Notes") and credit linked Certificates (the
"Credit Linked Certificates", and together with the Credit Linked Notes, the "Credit Linked Securities").
Credit Linked Securities may be issued in any currency determined by the relevant Issuer, on the terms set
out herein and in the form of the relevant Final Terms (as defined below).
This Product Prospectus comprises a base prospectus in relation to the Credit Linked Securities for the
purposes of Article 5.4 of Directive 2003/71/EC (the "Prospectus Directive"), as amended (which includes
the amendments made by Directive 2010/73/EU (the "2010 PD Amending Directive") to the extent such
amendments have been implemented in a relevant Member State of the European Economic Area). This
Product Prospectus comprises two base prospectuses which constitute one base prospectus for each of
the two Issuers for the purposes of the Directive 2003/71/EC. This Product Prospectus shall be read in
conjunction with (i) for Notes, the base prospectus in relation to the Programme dated 27 June, 2012 (the
"Notes Base Prospectus"); or (ii) for Certificates, the certificates base prospectus in relation to the
Programme dated 27 June, 2012 (the "Certificates Base Prospectus", and together with the Notes Base
Prospectus, the "Securities Base Prospectuses"), and the other documents incorporated herein by
reference, and shall constitute a Product Prospectus as referred to in each Securities Base Prospectus.
Each series of Certificates will be represented at all times by a global security and will be transferable only
in accordance with the rules and procedures for the time being of the Clearing System(s). Notes may be
issued in bearer form ("Bearer Notes") or in registered form ("Registered Notes"). The maximum
aggregate nominal amount of all Notes from time to time outstanding under the Programme will not exceed
U.S.$10,000,000,000 (or its equivalent in other currencies calculated as described herein), subject to
increase as described herein.
Credit Linked Notes will be issued in such denominations as may be specified by the relevant Issuer save
that the minimum denomination of each Credit Linked Note admitted to trading on a European Economic
Area exchange or offered to the public in a Member State of the European Economic Area in
circumstances which require the publication of a prospectus under the Prospectus Directive will be
100,000 (or, if the Credit Linked Notes are denominated in a currency other than euro, the equivalent
amount in such currency) or such higher amount as may be allowed or required from time to time by the
relevant central bank (or equivalent body) or any laws or regulations applicable to any relevant currency
specified in the Final Terms. Certificates which are admitted to trading on a European Economic Area
exchange or offered to the public in a Member State of the European Economic Area in circumstances
which require the publication of a prospectus under the Prospectus Directive will have a minimum issue
price per Certificate of 100,000 (or the equivalent in any other currency).

The relevant Issuer may appoint a manager or managers (each a "Manager") for any particular issue of
Credit Linked Securities issued by it.
This Product Prospectus relates to an Exempt Offer in accordance with the Offered Securities Rules (the
"Rules") of the Dubai Financial Services Authority. This Product Prospectus is intended for distribution
only to persons of a type specified in those Rules. It must not be delivered to, or relied on by, any other
person. The Dubai Financial Services Authority has no responsibility for reviewing or verifying any
documents in connection with Exempt Offers. The Dubai Financial Services Authority has not approved this
document nor taken steps to verify the information set out in it, and has no responsibility for it. Securities to
which this Product Prospectus relates may be illiquid and/or subject to restrictions on their resale.
Prospective purchasers of Securities offered should conduct their own due diligence on the relevant
Securities. If you do not understand the contents of this document you should consult an authorised
financial adviser.
Application has been made to the Commission de Surveillance du Secteur Financier (the "CSSF"), in its
capacity as competent authority under the Luxembourg Act dated 10 July, 2005 (the "Prospectus Act")
relating to prospectuses for securities, for the approval of this document as a base prospectus in relation to
the Credit Linked Securities for the purposes of Article 5.4 of the Prospectus Directive. The CSSF's
approval does not confirm, and the CSSF assumes no responsibility as to, the economic and financial
soundness of the transaction and the quality or solvency of the Issuers in accordance with Article 7(7) of
the Prospectus Act. Application has also been made to the Luxembourg Stock Exchange for Securities
issued under the Programme to be admitted to the official list of the Luxembourg Stock Exchange (the
"Official List") and to be admitted to trading on the Luxembourg Stock Exchange's regulated market (the
"Regulated Market"). The Regulated Market is a regulated market for the purposes of Directive
2004/39/EC of the European Parliament and of the Council on markets in financial instruments.
Each issue of Credit Linked Securities will be issued on the terms set out in the relevant Securities Base
Prospectus, as amended by this Product Prospectus, and a final terms document (the "Final Terms").
Notice of terms and conditions applicable to any Credit Linked Securities not contained herein, including
any documents incorporated by reference herein, which are applicable to each Tranche of Credit Linked
Securities will be set out in the Final Terms, which, with respect to Credit Linked Securities to be listed on
the Official List, will be filed with the CSSF on or before the date of issue of Credit Linked Securities of such
Tranche.
The Issuers may issue Credit Linked Securities under the Programme in a form not contemplated by the
terms of the Securities incorporated by reference or set out herein, in which event (in the case of Credit
Linked Securities intended to be listed on the Official List) a supplement to this Product Prospectus or
further prospectus, if appropriate, which may incorporate all or part of this Product Prospectus by
reference, will be made available which will set out the relevant terms applicable to such Credit Linked
Securities.
The Programme provides that Credit Linked Securities may be listed or admitted to trading, as the case
may be, on such other or further stock exchange(s) as the relevant Issuer may agree with the Manager.
Either Issuer may also issue unlisted Credit Linked Securities and/or Credit Linked Securities not admitted
to trading on any market. The Final Terms in respect of an issue of Credit Linked Securities will specify
whether or not an application will be made for such Credit Linked Securities to be listed on and admitted to
trading on a regulated market for the purposes of Directive 2004/39/EC of the European Parliament and of
the Council on markets in financial instruments.
The Issuers shall not be liable for or otherwise be obliged to pay, any tax, duty, withholding or other
payment which may arise as a result of the ownership, transfer, redemption or enforcement of any Credit
Linked Security by any person and all payments made by the relevant Issuer in respect of any Credit
Linked Securities shall be made subject to any such tax, duty, charge, withholding or other payment which
may be required to be made, paid, withheld or deducted.
2

Prospective purchasers of Credit Linked Securities should ensure that they understand the nature
of the relevant Credit Linked Securities and the extent of their exposure to risks and that they
consider the suitability of the relevant Credit Linked Securities as an investment in the light of their
own circumstances and financial condition. Certain issues of Credit Linked Securities involve a
high degree of risk and potential investors should be prepared to sustain a loss of all or part of
their investment. It is the responsibility of prospective purchasers to ensure that they have
sufficient knowledge, experience and professional advice to make their own legal, financial, tax,
accounting and other business evaluation of the merits and risks of investing in the Credit Linked
Securities and are not relying on the advice of the relevant Issuer, any specified branch or any
Manager in that regard. See "Risk Factors" commencing on page 16.
Restrictions have been imposed on offers and sales of the Credit Linked Securities and on the distribution
of documents relating thereto in the United States of America and the European Economic Area (including
the United Kingdom). The distribution of this document and offers and sales of the Credit Linked Securities
in certain other jurisdictions may be restricted by law. Persons into whose possession this document comes
are required by the relevant Issuer to inform themselves about, and to observe, any such restrictions. See
"Subscription and Sale and Transfer and Selling Restrictions" commencing on page 118 in the Notes Base
Prospectus or on page 86 in the Certificates Base Prospectus.
The rating of Certain Securities to be issued under the Programme may be specified in the applicable Final
Terms. Whether or not each credit rating applied for in relation to relevant Series of Notes will be issued by
a credit rating agency established in the European Union and registered under Regulation (EC)
No.1060/2009 (as amended) (the "CRA Regulation") will be disclosed in the Final Terms. Please also
refer to "Credit Ratings may not reflect all risks" in the Risk Factors section of the Securities Base
Prospectuses.
27 June, 2012
3

Subject as set out below, each of SCB and SCBHK accepts responsibility for the information contained in this
Product Prospectus. To the best of the knowledge of SCB and SCBHK (who have taken all reasonable care to
ensure that such is the case), the information contained or incorporated in this document is in accordance with
the facts and does not omit anything likely to affect the import of such information.
The applicable Final Terms will (if applicable) specify the nature of the responsibility taken by the relevant Issuer
for the information relating to any Reference Entity to which the relevant Credit Linked Securities relate and
which is contained in such Final Terms. However, unless otherwise expressly stated in the applicable Final
Terms, any information contained therein relating to a Reference Entity will only consist of extracts from, or
summaries of, information contained in financial and other information released publicly by such Reference
Entity. The relevant Issuer will, unless otherwise expressly stated in the applicable Final Terms, accept
responsibility for accurately reproducing such extracts or summaries (insofar as it is applicable) but the relevant
Issuer will not accept any further or other responsibility in respect of such information.
To the fullest extent permitted by law, no Manager accepts any responsibility for the contents of this Product
Prospectus or for any statement made or purported to be made by any Manager or on its behalf in connection
with the Issuers, or the issue or the offering of the Credit Linked Securities. Each Manager accordingly disclaims
all and any liability whether arising in tort or contract or otherwise (save as referred to above) which it might
otherwise have in respect of this Product Prospectus or any such statement.
This Product Prospectus has been prepared on the basis that, except to the extent sub-paragraph (ii) below may
apply, any offer of Securities in any Member State of the European Economic Area which has implemented the
Prospectus Directive (each, a "Relevant Member State") will be made pursuant to an exemption under the
Prospectus Directive, as implemented in that Relevant Member State, from the requirement to publish a
prospectus for offers of Securities. Accordingly any person making or intending to make an offer in that Relevant
Member State of Securities which are the subject of an offering contemplated in this Product Prospectus as
completed by final terms in relation to the offer of those Securities may only do so (i) in circumstances in which
no obligation arises for the relevant Issuer or any Manager to publish a prospectus pursuant to Article 3 of the
Prospectus Directive or supplement a prospectus pursuant to Article 16 of the Prospectus Directive, in each
case, in relation to such offer, or (ii) if a prospectus for such offer has been approved by the competent authority
in that Relevant Member State or, where appropriate, approved in another Relevant Member State and notified to
the competent authority in that Relevant Member State and (in either case) published, all in accordance with the
Prospectus Directive, provided that any such prospectus has subsequently been completed by final terms which
specify that offers may be made other than pursuant to Article 3(2) of the Prospectus Directive in that Relevant
Member State and such offer is made in the period beginning and ending on the dates specified for such purpose
in such prospectus or final terms, as applicable. Except to the extent sub-paragraph (ii) above may apply, neither
the Issuers nor any Manager have authorised, nor do they authorise, the making of any offer of Securities in
circumstances in which an obligation arises for the Issuers or any Manager to publish or supplement a
prospectus for such offer.
No person is or has been authorised by the Issuers to give any information or to make any representation not
contained in or not consistent with this Product Prospectus or any other information supplied in connection with
the Programme or the Credit Linked Securities and, if given or made, such information or representation must not
be relied upon as having been authorised by the Issuers or any Manager.
Neither this Product Prospectus nor any other information supplied in connection with the Programme or any
Credit Linked Securities (i) is intended to provide the basis of any credit or other evaluation or (ii) should be
considered as a recommendation or constituting an invitation or offer by an Issuer or any Manager that any
recipient of this Product Prospectus or any other information supplied in connection with the Programme or any
Credit Linked Securities should purchase any Credit Linked Securities. Each investor contemplating purchasing
any Credit Linked Securities should make its own independent investigation of the financial condition and affairs,
and its own appraisal of the creditworthiness, of the relevant Issuer. Neither this Product Prospectus nor any
other information supplied in connection with the Programme or the issue of any Credit Linked Securities
constitutes an offer or invitation by or on behalf of the relevant Issuer or any Manager to any person to subscribe
for or to purchase any Credit Linked Securities.
4

Save as further disclosed below, neither the delivery of this Product Prospectus nor the offering, sale or
delivery of any Credit Linked Securities shall in any circumstances imply that the information contained herein
concerning the Issuers is correct at any time subsequent to the date hereof or that any other information supplied
in connection with the Programme is correct as of any time subsequent to the date indicated in the document
containing the same. No Manager has, or will, undertake to review the financial condition or affairs of the Issuers
during the life of the Programme or to advise any investor in the Credit Linked Securities of any information
coming to their attention. Investors should review, inter alia, the most recently published documents incorporated
by reference into this Product Prospectus when deciding whether or not to purchase any Credit Linked Securities.
If at any time during the duration of the Programme there is a significant new factor, material mistake or
inaccuracy relating to information contained in this Product Prospectus which is capable of affecting the
assessment of any Credit Linked Securities and whose inclusion in or removal from this Product Prospectus is
necessary for the purpose of allowing an investor to make an informed assessment of the assets and liabilities,
financial position, profits and losses and prospects of the relevant Issuer, and the rights attaching to the Credit
Linked Securities, the relevant Issuer shall prepare a supplement to this Product Prospectus or publish a
replacement Product Prospectus for use in connection with any subsequent offering of the Credit Linked
Securities.
The Credit Linked Securities and, in the case of Credit Linked Securities to be redeemed by physical delivery of
securities, any such securities have not been and will not be registered under the United States Securities Act of
1933, as amended (the "Securities Act") or any U.S. state securities laws, nor may the Credit Linked Securities
be offered, sold or delivered in the United States or to, or for the benefit of, U.S. persons (as defined in
Regulation S under the Securities Act ("Regulation S")) unless, as specified in the Final Terms, the Credit Linked
Securities are registered under the Securities Act or an exemption from the registration requirements of the
Securities Act and applicable state securities laws is available. In addition, Credit Linked Notes that are Bearer
Notes are subject to U.S. tax law requirements. See the section entitled "Subscription and Sale and Transfer and
Selling Restrictions" commencing on page 118 in the Notes Base Prospectus.
The Credit Linked Securities have not been approved or disapproved by the United States Securities and
Exchange Commission or any other securities commission or other regulatory authority in the United States, nor
have the foregoing authorities reviewed or passed upon the accuracy or adequacy of this Product Prospectus.
Any representation to the contrary is a criminal offence in the United States. The Credit Linked Securities do not
constitute, and have not been marketed as, contracts of sale of a commodity for future delivery (or options
thereon) subject to the United States Commodity Exchange Act of 1936, as amended (the "Commodity
Exchange Act") and trading in the Credit Linked Securities has not been approved by the United States
Commodity Futures Trading Commission under the Commodity Exchange Act.
This Product Prospectus does not constitute an offer to sell or the solicitation of an offer to buy any Credit Linked
Securities in any jurisdiction to any person to whom it is unlawful to make the offer or solicitation in such
jurisdiction. The distribution of this Product Prospectus and the offer or sale of Credit Linked Securities may be
restricted by law in certain jurisdictions. None of SCB, SCBHK or any Manager represents that this Product
Prospectus may be lawfully distributed, or that any Credit Linked Securities may be lawfully offered, in
compliance with any applicable registration or other requirements in any such jurisdiction, or pursuant to an
exemption available thereunder, or assumes any responsibility for facilitating any such distribution or offering. In
particular, no action has been taken by the Issuers or any Manager which would permit a public offering of any
Credit Linked Securities outside Luxembourg or distribution of this document in any jurisdiction where action for
that purpose is required. Accordingly, no Credit Linked Securities may be offered or sold, directly or indirectly,
and neither this Product Prospectus nor any advertisement or other offering material may be distributed or
published in any jurisdiction, except under circumstances that will result in compliance with any applicable laws
and regulations. Persons into whose possession this Product Prospectus or any Credit Linked Securities may
come must inform themselves about, and observe, any such restrictions on the distribution of this Product
Prospectus and the offering and sale of Credit Linked Securities. In particular, there are restrictions on the
distribution of this Product Prospectus and the offer or sale of Credit Linked Securities in the United States,
Japan, Hong Kong, Singapore, Malaysia, Korea, the European Economic Area (including the United Kingdom),
the United Arab Emirates and Dubai International Financial Centre, Indonesia, Switzerland, South Africa, Jersey,
Guernsey, the Kingdom of Saudi Arabia, Kingdom of Bahrain and the Philippines. See the section entitled
5

"Subscription and Sale and Transfer and Selling Restrictions" commencing on page 118 in the Notes Base
Prospectus or on page 86 in the Certificates Base Prospectus.
The Credit Linked Securities of each issue may be sold by the relevant Issuer and/or any Manager at such times
and at such prices as the relevant Issuer and/or the relevant Manager(s) may select. There is no obligation on
the relevant Issuer or any Manager to sell all of the Credit Linked Securities of a Tranche. The Credit Linked
Securities may be offered or sold from time to time in one or more transactions, in the secondary market at
prevailing market prices or in negotiated transactions, at the discretion of the relevant Issuer. No representation
or warranty or other assurance is given as to the number of Credit Linked Securities of a Tranche issued or
outstanding at any time.
All references in this document to "U.S. dollars" and "U.S.$" refer to United States dollars. References to "euro"
and "" refer to the currency introduced at the start of the third stage of European economic and monetary union
pursuant to the Treaty establishing the European Community, as amended.
U.S. INFORMATION
This Product Prospectus is being submitted on a confidential basis in the United States to a limited number
of qualified institutional buyers ("QIBs") (as defined in Rule 144A under the Securities Act ("Rule 144A"))
for informational use solely in connection with the consideration of the purchase of Credit Linked Securities
being offered hereby. Its use for any other purpose in the United States is not authorised. It may not be
copied or reproduced in whole or in part nor may it be distributed or any of its contents disclosed to anyone
other than the prospective investors to whom it is originally submitted.
Credit Linked Securities may be offered or sold within the United States only to QIBs in transactions
exempt from registration under the Securities Act. Each U.S. purchaser of Credit Linked Securities is
hereby notified that the offer and sale of any Credit Linked Securities to it may be made in reliance upon
the exemption from the registration requirements of the Securities Act provided by Rule 144A or pursuant
to another exemption from the registration requirements of the Securities Act and one or more exemptions
and/or exclusions from regulation under the Commodity Exchange Act.
In the event that the Final Terms specify that Certificates are eligible for sale in the United States to QIBs,
the Certificates will be represented by one or more global securities (each, a "Unitary Global W&C
Security") issued and deposited by the relevant Issuer with a common depositary on behalf of
Clearstream, Luxembourg or Euroclear. If the Final Terms do not so specify, the Certificates will be
represented by one or more global securities (each, a "Regulation S Global W&C Security" and, together
with the Unitary Global W&C Security, the "Global W&C Securities") issued and deposited with a common
depositary on behalf of Clearstream, Luxembourg or Euroclear.
Each purchaser or holder of Certificates represented by the Global W&C Securities will be deemed, by its
acceptance or purchase of any such Certificates, to have made certain representations and agreements
intended to restrict the resale, other transfer or redemption of such Certificates as set out in "Subscription
and Sale and Transfer and Selling Restrictions" commencing on page 86 in the Certificates Base
Prospectus and (if any) as set out in the applicable Final Terms.
Registered Notes may be offered or sold within the United States only to QIBs in transactions exempt from
registration under the Securities Act. Each U.S. purchaser of Registered Notes is hereby notified that the
offer and sale of any Registered Notes to it may be made in reliance upon the exemption from the
registration requirements of the Securities Act provided by Rule 144A.
Each purchaser or holder of Notes represented by a Rule 144A Global Note or any Notes issued in
registered form in exchange or substitution therefor (together "Legended Notes") will be deemed, by its
acceptance or purchase of any such Legended Notes, to have made certain representations and
agreements intended to restrict the resale or other transfer of such Notes as set out in "Subscription and
Sale and Transfer and Selling Restrictions" commencing on page 118 in the Notes Base Prospectus.
6

Unless otherwise stated, terms used in this paragraph have the meanings given to them commencing on
page 27 in "Form of the Notes" in the Notes Base Prospectus.
AVAILABLE INFORMATION
To permit compliance with Rule 144A in connection with any resales or other transfers of Credit Linked
Securities that are "restricted securities" within the meaning of the Securities Act, SCB and SCBHK have
each undertaken in a deed poll dated 18 December, 2006 (the "Notes Deed Poll"), in relation to the Notes,
and a deed poll dated 2 September, 2009 (the "Warrants and Certificates Deed Poll"), in relation to the
Warrants and Certificates, to furnish, upon the request of a holder of such Credit Linked Securities or any
beneficial interest therein, to such holder or to a prospective purchaser designated by him, the information
required to be delivered under Rule 144A(d)(4) under the Securities Act if, at the time of the request, and
any of the Securities remains outstanding as "restricted securities" within the meaning of Rule 144(a)(3) of
the Securities Act and the relevant Issuer is neither a reporting company under Section 13 or 15(d) of the
U.S. Securities Exchange Act of 1934, as amended, (the "Exchange Act") nor exempt from reporting
pursuant to Rule 12g3-2(b) thereunder.
NOTICE TO NEW HAMPSHIRE RESIDENTS
NEITHER THE FACT THAT A REGISTRATION STATEMENT OR AN APPLICATION FOR A LICENSE
HAS BEEN FILED UNDER CHAPTER 421-B OF THE NEW HAMPSHIRE REVISED STATUTES WITH
THE STATE OF NEW HAMPSHIRE NOR THE FACT THAT A SECURITY IS EFFECTIVELY
REGISTERED OR A PERSON IS LICENSED IN THE STATE OF NEW HAMPSHIRE CONSTITUTES A
FINDING BY THE SECRETARY OF STATE OF NEW HAMPSHIRE THAT ANY DOCUMENT FILED
UNDER CHAPTER 421-B IS TRUE, COMPLETE AND NOT MISLEADING. NEITHER ANY SUCH FACT
NOR THE FACT THAT AN EXEMPTION OR EXCEPTION IS AVAILABLE FOR A SECURITY OR A
TRANSACTION MEANS THAT THE SECRETARY OF STATE HAS PASSED IN ANY WAY UPON THE
MERITS OR QUALIFICATIONS OF, OR RECOMMENDED OR GIVEN APPROVAL TO, ANY PERSON,
SECURITY OR TRANSACTION. IT IS UNLAWFUL TO MAKE, OR CAUSE TO BE MADE, TO ANY
PROSPECTIVE PURCHASER, CUSTOMER OR CLIENT ANY REPRESENTATION INCONSISTENT
WITH THE PROVISIONS OF THIS PARAGRAPH.
KINGDOM OF SAUDI ARABIA NOTICE
This Product Prospectus may not be distributed in the Kingdom of Saudi Arabia except to such
persons as are permitted under the Offers of Securities Regulations issued by the Capital Market
Authority of the Kingdom of Saudi Arabia (the "Capital Market Authority"). The Capital Market
Authority does not make any representations as to the accuracy or completeness of this Product
Prospectus, and expressly disclaims any liability whatsoever for any loss arising from, or incurred
in reliance upon, any part of this Product Prospectus. Prospective purchasers of Credit Linked
Securities should conduct their own due diligence on the accuracy of the information relating to the
Credit Linked Securities. If a prospective purchaser does not understand the contents of this
Product Prospectus he or she should consult an authorised financial adviser.
NOTICE TO BAHRAIN RESIDENTS
Any offer of Securities does not constitute an offer of securities in the Kingdom of Bahrain in terms
of Article (81) of the Central Bank and Financial Institutions Law 2006 (decree Law No. 64 of 2006).
The offering documents have not been and will not be registered as a prospectus with the Central
Bank of Bahrain ("CBB"). Accordingly, no Securities may be offered, sold or made the subject of an
7

invitation for subscription or purchase nor will this prospectus or any other related document or
material be used in connection with any offer, sale or invitation to subscribe or purchase
Securities, whether directly or indirectly, to persons in the Kingdom of Bahrain.
The CBB has not reviewed or approved the offering documents and it has not in any way
considered the merits of the Securities to be offered for investment, whether in or outside the
Kingdom of Bahrain. Therefore, the CBB assumes no responsibility for the accuracy and
completeness of the statements and information contained in this document and expressly
disclaims any liability whatsoever for any loss howsoever arising from reliance upon the whole or
any part of the content of this document.
8

TABLE OF CONTENTS
Page
SUMMARY OF THE PROGRAMME ............................................................................................................ 10
RISK FACTORS ........................................................................................................................................... 16
DOCUMENTS INCORPORATED BY REFERENCE ................................................................................... 23
GENERAL DESCRIPTION OF THE PROGRAMME.................................................................................... 26
CREDIT TERMS........................................................................................................................................... 27
TAXATION.................................................................................................................................................... 83
ADDITIONAL SELLING RESTRICTIONS .................................................................................................... 84
FORM OF FINAL TERMS OF THE CREDIT LINKED CERTIFICATES....................................................... 85
FORM OF FINAL TERMS OF THE CREDIT LINKED NOTES .................................................................... 98
GENERAL INFORMATION ........................................................................................................................ 116
INDEX OF DEFINED TERMS .................................................................................................................... 119
9

SUMMARY OF THE PROGRAMME
This summary must be read as an introduction to this Product Prospectus and any decision to
invest in any Credit Linked Securities should be based on a consideration of this Product
Prospectus as a whole, including the documents incorporated by reference. Following the
implementation of the relevant provisions of the Prospectus Directive in each Member State of the
European Economic Area, no civil liability will attach to the Responsible Persons in any such
Member State solely on the basis of this summary, including any translation hereof, unless it is
misleading, inaccurate or inconsistent when read together with the other parts of this Product
Prospectus. Where a claim relating to information contained in this Product Prospectus is brought
before a court in a Member State of the European Economic Area, the plaintiff may, under the
national legislation of the Member State where the claim is brought, be required to bear the costs of
translating the Product Prospectus before the legal proceedings are initiated.
Words and expressions defined in Conditions applicable to the Securities, as applicable, and as
supplemented by the relevant Product Terms, shall have the same meanings in this summary.
Description of the Issuers:
Standard Chartered Bank
SCB was incorporated in England with limited liability by Royal Charter
in 1853. SCB's issued share capital comprises ordinary shares, all of
which are owned by Standard Chartered Holdings Limited, a company
incorporated in England and Wales and a wholly-owned subsidiary of
Standard Chartered PLC ("SCPLC"), non-cumulative irredeemable
preference shares of US$0.01 each, all of which are owned by
Standard Chartered Capital Investments LLC, a company incorporated
in the United States, and non-cumulative redeemable preference
shares of U.S.$5.00 each, all of which are owned by SCPLC.
SCPLC together with its subsidiaries and subsidiary undertakings
comprise an international banking and financial services group
particularly focused on the markets of Asia, Africa and the Middle East.
Standard Chartered Bank (Hong Kong) Limited
SCBHK was incorporated in Hong Kong with limited liability on 12
December, 2003 under the Companies Ordinance (Cap. 32) of Hong
Kong as a non-private company (registered number 875305). With
effect from 1 July, 2004, the businesses of the Hong Kong branch of
Standard Chartered Bank, Manhattan Card Company Limited,
Standard Chartered Finance Limited, Standard Chartered International
Trade Products Limited and Chartered Capital Corporation Limited
were merged into SCBHK, principally by a private ordinance in Hong
Kong.
SCBHK is a licensed bank in Hong Kong and operates two business
divisions: Consumer Banking and Wholesale Banking.
Description of the Programme:
Structured Product Programme for the issue of Notes, Warrants and
Certificates (the "Securities").
Programme Size in relation to Up to U.S. $10,000,000,000 aggregate nominal amount of Notes
the Notes:
outstanding at any time. The Issuers may increase the amount of the
Programme.
10