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Press Release - The Greatest Race on Earth - 7/19/05

FOR IMMEDIATE RELEASE
                                 Contact: The Greatest Race on Earth Office
                                          + 44 207 611 6075 (phone)
                                          + 44 207 611 6073 (fax)
                                          

         Standard Chartered's Greatest Race On Earth Is Back!
              Four Challenging Marathons. Four Cities. 
              Largest Prize Pool of Any World Marathon.

Mumbai, Maharashtra, India, Monday, July 18, 2005 -- 
The Greatest Race on Earth (GROE), sponsored by Standard Chartered Bank, is 
back for a second season with a stronger and faster field of elite runners 
from around the world.

The inaugural 2004/05 season was an unqualified success. Despite the 
gruelling conditions, including altitude, heat, humidity, and terrain, GROE 
participants set time records in each of the four marathons, and won three 
of the four. This season, organisers are expecting again new course records 
from the start of the first race in Nairobi in October 2005 to the last 
race in Hong Kong in February 2006.

The GROE is the most unique relay race in the world and the only relay of 
marathons in existence. Each team comprises of 4 individuals, running one 
marathon each in Nairobi, Singapore, Mumbai and Hong Kong. Each course 
challenges runners to reach deep and push harder to make their mark.

The GROE turned conventional wisdom on its head as well - every race saw 
runners from countries as diverse as Qatar, Taiwan, Bangladesh and other 
non-traditional marathon countries, matching the times of British, African, 
and Australian runners.

Mike DeNoma, Group Executive Director of Standard Chartered said, “It takes 
great teamwork, courage, determination and commitment to participate in a 
race like this.

The GROE has raised the bar in the four marathons, with GROE runners 
setting records in all the races. It is an extremely competitive race that 
makes an individual sport into a team event, with the largest prize pool in 
marathon running.

In the new season, there will be more teams from more countries running 
faster times. We are also looking to attract stars of the future --- GROE 
will be a great platform for up-and-coming runners to break into the 
international athletic arena.” 

The GROE 2005/06 series is set to be bigger and better with a total prize 
pool of US$1.43 million up for grabs:

-- The Main Team Challenge - open to any team of four runners - 
professional and amateur alike. Total prize pool of $1,125,000, including a 
new bonus pool of $175,000 for the top three all-women teams. This is to 
widen participation and encourage more female athletes to join the 
competition. 

-- The Nations Challenge - open to National Athletic Association teams 
only. Teams are divided into the following regions - Africa, Middle East, 
South Asia, South East Asia, North East Asia, Americas and Europe & 
Oceania. The total prize pool is $175,000. Teams in the Nations Challenge 
are automatically entered into the Main Team Challenge and are eligible to 
win the associated prize money.

-- The Individual Challenge - run all four marathons as an individual and 
compete for a prize pool of $130,000. 

Henry Wanyoike, the blind runner, who won gold in the 5,000-meter and 
10,000-meter events in Athens Paralymics 2004, and who was nominated for 
the prestigious Laureus World Sports Award 2005, will participate in all 
four events. He is running to raise funds for the Bank's “Seeing Is 
Believing” initiative, which aims to raise funds for one million site 
restorations. Standard Chartered is encouraging public donations tied to 
the distances that he completes. In return, the Bank will match donations, 
up to US$1,000, for every kilometre that Henry completes. 

To enter the Standard Chartered Greatest Race on Earth either register via 
the website www.thegreatestrace.com 

For further details about the GROE, please contact the Race Office:

The Greatest Race on Earth Office - PRISM,
Greater London House, Hampstead Road
London, NW1 7QP
United Kingdom 

Telephone: + 44 207 611 6075
Fax: + 44 207 611 6073
E-mail: 

About Standard Chartered - leading the way in Asia, Africa and the Middle 
East

Standard Chartered employs 38,000 people in 950 locations in more than 50 
countries in the Asia Pacific Region, South Asia, the Middle East, Africa, 
the United Kingdom and the Americas. Standard Chartered is one of the 
world's most international banks, with employees representing 80 
nationalities. 

Standard Chartered PLC is listed on both the London Stock Exchange and the 
Stock Exchange of Hong Kong and is in the top 25 FTSE-100 companies, by 
market capitalisation.

It serves both Consumer and Wholesale Banking customers. Consumer Banking 
provides credit cards, personal loans, mortgages, deposit taking and wealth 
management services to individuals and small to medium sized enterprises. 
Wholesale Banking provides corporate and institutional clients with 
services in trade finance, cash management, lending, securities services, 
foreign exchange, debt capital markets and corporate finance. 

Standard Chartered is well-established in growth markets and aims to be the 
right partner for its customers. The Bank combines deep local knowledge 
with global capability.

The Bank is trusted across its network for its standard of governance and 
corporate responsibility as well as its commitment to making a difference 
in the communities in which it operates.

For further information on Standard Chartered Bank, please log into: 
www.standardchartered.com

                            ###

 

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