Director Shareholding

HSBC Holdings PLC
01 March 2004


DIRECTOR'S INTERESTS ON APPOINTMENT - MICHAEL FRANCIS GEOGHEGAN

Michael Francis Geoghegan, appointed a Director of HSBC Holdings plc on 1 March
2004, had at the date of his appointment the following interest in HSBC Holdings
plc Ordinary Shares of US$0.50 each:

Beneficial interest in 198,958 HSBC Holdings plc Ordinary Shares of US$0.50 each
relating to awards under the HSBC Holdings Restricted Share Plan 2000,
registered in the name of Abacus Corporate Trustee Limited A/C H1334.

He has an interest in the following options over HSBC Holdings plc Ordinary
Shares of US$0.50 each which were granted at nil consideration:
  
                 PERIOD DURING WHICH            EXERCISE 
GRANT DATE           EXERCISABLE                PRICE (£)         TOTAL     

 01/04/99       01/08/04 - 31/01/05              5.3980           1,248
 10/04/00       01/08/05 - 31/01/06              6.0299             559
 11/04/01       01/08/04 - 31/01/05              6.7536             573


Paul Stafford
Assistant Group Secretary
020 7992 1509


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