Change to Board of Directors

HSBC Hldgs PLC
28 July 2000


             HSBC HOLDINGS BOARD APPOINTMENTS

Following the acquisition of Credit Commercial de
France ('CCF'), Charles de Croisset, CCF's chairman and
chief executive, has been appointed an executive director
of HSBC Holdings plc with effect from 1 September 2000.

Sir John Kemp-Welch, former chairman of the London Stock
Exchange, has been appointed a non-executive director of
HSBC Holdings plc with effect from 1 September 2000.

Biographical details of Mr de Croisset and Sir John Kemp-
Welch follow:

Charles de Croisset
Charles de Croisset is chairman and chief executive
officer of CCF.

Mr de Croisset was born in New York in 1943. He graduated
from the Institute of Political Studies in Paris and from
the Ecole Nationale d'Administration. He also has a
bachelor's degree in law.

In 1968 Mr de Croisset became Inspecteur des Finance with
the French Finance Ministry and in 1972 Assistant to the
Economic Adviser of the President of the Republic (Mr
Georges Pompidou). In 1974 he was appointed a Member of
the Minister's staff at the Ministry of Finance, then in
1976 at The Ministry of Public Works, Housing and Urban
Planning, Transportation (Mr Jean Pierre Fourcade). In
1978 he became Chief of Staff and assistant to the
Minister of Industry and Energy (Mr Andre Giraud).

Mr de Croisset joined CCF in 1980 as Secretary General.
In 1983 he was appointed Senior Executive Vice President
in charge of international affairs and in 1986 Senior
Executive Vice President and then President (1987) in
charge of the Banking Department. In 1987 Mr de Croisset
became Chief of Staff of the State Minister of Economy,
Finance and Privatisation (Mr Edouard Balladur). In June
1988 Mr de Croisset returned to CCF as President and
Chief Operating Officer, Banking Department. He has been
Chairman and Chief Executive Officer of CCF since May
1993.

Sir John Kemp-Welch
Sir John Kemp-Welch was born in 1936. He was educated at
Abberley Hall, Worcester and at Winchester College. He
joined Cazenove & Co in 1959 and was Joint Senior Partner
from 1980 until 1994 when he became Chairman of the
London Stock Exchange and from which he retired in May 2000.

Sir John's other appointments include Chairman: Scottish
Eastern Investment Trust (1994-99), Lowland Investment Co.
(1993-97), Claridge's Hotel (1995-97), Martin Currie
Portfolio Investment Trust plc (1999-2000). Director:
Savoy Hotel PLC (1985-98), Royal & Sun Alliance Insurance
Group (formerly Sun Alliance Group) (1994-99), British
Invisibles (1994-98), ProShare (1995-97). Deputy Chairman:
Financial Reporting Council (1994-). Director: SFA (1994-
97). Member: City Capital Markets Cttee (1989-94), Panel
on Takeovers and Mergers (1994-2000). Member: Stock
Exchange 1959-86. Vice President Fedn of European Stock
Exchanges (1996-98). Member: Executive Committee,
Federation Internationale des Bourses de Valeurs (1994-
98). President: Investor Relations Society (1994-2000),
Securities Industry Mgt Assoc. (1994-). Governor: Ditchley
Foundation (1980-), North Foreland Lodge School (1980-92).
Chairman: King's Medical Research Trust (1991-). Trustee:
KCH Special Trustees (1997-99), KCH Charitable Trust (1998-
99). Trustee and Mem. Council, Game Conservancy Trust
(1990-94), Mem. Advisory Council, PYBT (1996-). Trustee:
Sandford St Martin Trust (1994-99), Dulverton Trust, (1994-
). Chairman: Lucy Kemp-Welch Memorial Trust (1965-). Mem.
Highland Society of London, (1992-).

Sir John was knighted in 1999 for his services to
Financial Regulation and to Financial Services.

There are no matters relating to Mr de Croisset or Sir
John Kemp-Welch which need to be disclosed pursuant to
Rule 16.4 of the Listing Rules.

Mr de Croisset is currently a director of the following
publicly quoted companies: Bull, Euler and SA des
Galeries Lafayette. In the past five years Mr de Croisset
has been a director of the following publicly quoted
companies: Interbail, Thomson CSF S.A., Roussel Uclaf and
Societe Generale de Surveillance. He is no longer
a director of any of these companies.

In the past five years Sir John Kemp-Welch has been a
director of the following publicly quoted companies: Lowland
Investment Co plc, Martin Currie Portfolio Investment Trust
plc, Royal & Sun Alliance Insurance Group plc, Sun Alliance
Group plc, Savoy Hotel plc, Scottish Eastern Investment
Trust plc (in members' voluntary liquidation) and Updown
Investment Co plc (in members' voluntary liquidation). He is
no longer a director of any of these companies.