Ancmt re 2nd interim dividend

HSBC Holdings PLC
29 April 2002

                               HSBC HOLDINGS PLC

            PAYMENT OF DIVIDENDS IN UNITED STATES DOLLARS, STERLING

                              OR HONG KONG DOLLARS

On 4 March 2002, the Directors of HSBC Holdings plc declared a second interim
dividend for 2001 of US$0.29 per ordinary share. The dividend is payable on 7
May 2002 to shareholders on the Principal Register or Hong Kong Overseas Branch
Register at close of business on 22 March 2002 in cash in US dollars, sterling
or Hong Kong dollars, or a combination of these currencies and with a scrip
dividend alternative.

In the absence of instructions to the contrary, shareholders on the Principal
Register will automatically receive dividends in sterling. Shareholders on the
Hong Kong Overseas Branch Register will automatically receive dividends in Hong
Kong dollars.

Dividends payable in cash in sterling or Hong Kong dollars will be converted
from US dollars at the forward exchange rates quoted by HSBC Bank plc in London
at 11.00 am on 29 April 2002 (US$1 = HK$7.7991 and £1 = US$1.4623). Accordingly,
the amount payable on 7 May 2002 will be:


                US$0.29 per share;

                approximately HK$2.261739 per share or;

                approximately £0.198318 per share.



P A Stafford

Assistant Group Secretary

HSBC Holdings plc



                      This information is provided by RNS
            The company news service from the London Stock Exchange