Director/PDMR Shareholding

HSBC Holdings PLC
10 July 2007




 NOTIFICATION OF TRANSACTIONS OF PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY
                            AND/OR CONNECTED PERSONS



This notification relates to a transaction notified in accordance with DTR 3.1.2
R and 3.1.4 R (1)(a)


1    Name of the issuer

     HSBC Holdings plc


2    Name of the person discharging managerial responsibilities or, where 
     applicable, the name of the person connected with a person discharging 
     managerial responsibilities

     Simon Manwaring Robertson, a person discharging managerial responsibilities


3    Description of shares (including class), debentures, derivatives or any 
     other financial instruments relating to shares

     US$0.50 ordinary shares


4    State the nature of the transactions

     Acquisition / scrip dividend


5    Number of shares, derivatives or any other financial instruments relating 
     to shares acquired

     48


6    Number of shares, derivatives or any other financial instruments relating 
     to shares disposed

     N/A


7    Price per share or value of transactions

     US$18.4375


8    Date and place of transactions

     5 July 2007, London


9    Date issuer informed of transactions

     10 July 2007


10   Total holding following notification

     5,266


11   Name of duly authorised officer/official of issuer responsible for making 
     notification

     Nicola Black, Assistant Secretary, 020 7991 2652


12   Date of notification

     10 July 2007




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