Directors' Notification of Dealing in Shares

HSBC Hldgs PLC
28 April 2000

                       DEALINGS BY DIRECTORS


1)  NAME OF COMPANY

    HSBC HOLDINGS PLC

2)  NAME OF DIRECTOR

    SIR JOHN BOND

3)  Please state whether notification indicates that it is in respect of
    holding of the Director named in 2 above or holding of that person's
    spouse or children under the age of 18 or in respect of a non-beneficial
    interest

    IN RESPECT OF THE DIRECTOR

4)  Name of the registered holder(s) and, if more than one holder, the
    number of shares held by each of them. (If notified)

    TURNSONIC (NOMINEES) LIMITED          5,910
    HSBC TRUSTEE (C.I.) LIMITED         183,192
    HSBC NOMINEES (HONG KONG) LIMITED    53,380

5)  Please state whether notification relates to a person(s) connected
    with the Director named in 2 above and identify the connected person(s)

    AS IN 3 ABOVE.

6)  Please state the nature of the transaction. For PEP transactions
    please indicate whether general/single co PEP and if discretionary/non
    discretionary

    SCRIP DIVIDEND - BENEFICIAL INTEREST

7)  Number of shares/amount of
    stock acquired

    4,307

8)   (DE MINIMIS % )
    of issued Class

9)  Number of shares/amount
    of stock disposed



10)  (    % )
   of issued Class

11) Class of security

    ORDINARY SHARES OF US$0.50 EACH

12) Price per share

    US$11.1624

13) Date of transaction

    27 APRIL 2000

14) Date company informed

    28 APRIL 2000

15) Total holding following this notification

    242,482 ORDINARY SHARES OF US$0.50 EACH

16) Total percentage holding of issued class following this notification

    DE MINIMIS

     IF A DIRECTOR HAS BEEN GRANTED OPTIONS BY THE COMPANY PLEASE
                    COMPLETE THE FOLLOWING BOXES

17) Date of grant



18) Period during which or date on which exercisable



19) Total amount paid (if any) for grant of the option



20) Description of shares or debentures involved: class, number.



21) Exercise price (if fixed at time of grant) or indication that price
    is to be fixed at time of exercise



22) Total number of shares or debentures over which options held
    following this notification



23) Any additional information



24) Name of contact and telephone number for queries

    P A STAFFORD, ASSISTANT SECRETARY: 0207 260 3270

25) Name and signature of authorised company official responsible for
    making this notification

    Date of Notification.......28 APRIL 2000...........................



                       DEALINGS BY DIRECTORS


1)  NAME OF COMPANY

    HSBC HOLDINGS PLC

2)  NAME OF DIRECTOR

    W R P DALTON

3)  Please state whether notification indicates that it is in respect of
    holding of the Director named in 2 above or holding of that person's
    spouse or children under the age of 18 or in respect of a non-beneficial
    interest

    IN RESPECT OF THE DIRECTOR

4)  Name of the registered holder(s) and, if more than one holder, the
    number of shares held by each of them. (If notified)

    HSBC NOMINEES (HONG KONG) LIMITED    3,868
    HSBC TRUSTEE (C.I.) LIMITED        132,715

5)  Please state whether notification relates to a person(s) connected
    with the Director named in 2 above and identify the connected person(s)

    AS IN 3 ABOVE.

6)  Please state the nature of the transaction. For PEP transactions
    please indicate whether general/single co PEP and if discretionary/non
    discretionary

    SCRIP DIVIDEND - BENEFICIAL INTEREST

7)  Number of shares/amount of
    stock acquired

    2,487

8)   (DE MINIMIS % )
    of issued Class

9)  Number of shares/amount
    of stock disposed



10)  (    % )
   of issued Class

11) Class of security

    ORDINARY SHARES OF US$0.50 EACH

12) Price per share

    US$11.1624

13) Date of transaction

    27 APRIL 2000

14) Date company informed

    28 APRIL 2000

15) Total holding following this notification

    136,583 ORDINARY SHARES OF US$0.50 EACH

16) Total percentage holding of issued class following this notification

    DE MINIMIS

     IF A DIRECTOR HAS BEEN GRANTED OPTIONS BY THE COMPANY PLEASE
                    COMPLETE THE FOLLOWING BOXES

17) Date of grant



18) Period during which or date on which exercisable



19) Total amount paid (if any) for grant of the option



20) Description of shares or debentures involved: class, number.



21) Exercise price (if fixed at time of grant) or indication that price
    is to be fixed at time of exercise



22) Total number of shares or debentures over which options held
    following this notification



23) Any additional information



24) Name of contact and telephone number for queries

    E A HOBLEY, ASSISTANT SECRETARY: 020 7260 3272

25) Name and signature of authorised company official responsible for
    making this notification

    Date of Notification.......28 APRIL 2000...........................


                       DEALINGS BY DIRECTORS


1)  NAME OF COMPANY

    HSBC HOLDINGS PLC

2)  NAME OF DIRECTOR

    BARONESS L S DUNN DBE

3)  Please state whether notification indicates that it is in respect of
    holding of the Director named in 2 above or holding of that person's
    spouse or children under the age of 18 or in respect of a non-beneficial
    interest

    IN RESPECT OF THE DIRECTOR

4)  Name of the registered holder(s) and, if more than one holder, the
    number of shares held by each of them. (If notified)

    HSBC TRUSTEE (JERSEY) LIMITED        71,659 
    HSBC NOMINEES (HONG KONG) LIMITED    30,891
    THE SWIRE EDUCATIONAL TRUST          24,000

5)  Please state whether notification relates to a person(s) connected
    with the Director named in 2 above and identify the connected person(s)

    AS IN 3 ABOVE.

6)  Please state the nature of the transaction. For PEP transactions
    please indicate whether general/single co PEP and if discretionary/non
    discretionary

    SCRIP DIVIDEND - BENEFICIAL 

7)  Number of shares/amount of
    stock acquired

    1,866

8)   (DE MINIMIS % )
    of issued Class

9)  Number of shares/amount
    of stock disposed



10)  (    % )
   of issued Class

11) Class of security

    ORDINARY SHARES OF US$0.50 EACH

12) Price per share

    US$11.1624

13) Date of transaction

    27 APRIL 2000

14) Date company informed

    28 APRIL 2000

15) Total holding following this notification

    126,550 ORDINARY SHARES OF US$0.50 EACH

16) Total percentage holding of issued class following this notification

    DE MINIMIS

     IF A DIRECTOR HAS BEEN GRANTED OPTIONS BY THE COMPANY PLEASE
                    COMPLETE THE FOLLOWING BOXES

17) Date of grant



18) Period during which or date on which exercisable



19) Total amount paid (if any) for grant of the option



20) Description of shares or debentures involved: class, number.



21) Exercise price (if fixed at time of grant) or indication that price
    is to be fixed at time of exercise



22) Total number of shares or debentures over which options held
    following this notification



23) Any additional information



24) Name of contact and telephone number for queries

    P A STAFFORD, ASSISTANT SECRETARY: 0207 260 3270

25) Name and signature of authorised company official responsible for
          making this notification

    Date of Notification.......28 APRIL 2000...........................


                        DEALINGS BY DIRECTORS


1)  NAME OF COMPANY

    HSBC HOLDINGS PLC

2)  NAME OF DIRECTOR

    FLINT, D J

3)  Please state whether notification indicates that it is in respect of
    holding of the Director named in 2 above or holding of that person's
    spouse or children under the age of 18 or in respect of a non-beneficial
    interest

    IN RESPECT OF THE DIRECTOR

4)  Name of the registered holder(s) and, if more than one holder, the
    number of shares held by each of them. (If notified)

    TURNSONIC (NOMINEES) LIMITED          2,144
    D J FLINT                             8,193
    HSBC TRUSTEE (C.I.) LIMITED          94,888

5)  Please state whether notification relates to a person(s) connected
    with the Director named in 2 above and identify the connected person(s)

    AS IN 3 ABOVE.

6)  Please state the nature of the transaction. For PEP transactions
    please indicate whether general/single co PEP and if discretionary/non
    discretionary

    ACQUISITION - BENEFICIAL INTEREST

7)  Number of shares/amount of
    stock acquired

    5,000

8)   (DE MINIMIS % )
    of issued Class

9)  Number of shares/amount
    of stock disposed



10)  (    % )
   of issued Class

11) Class of security

    ORDINARY SHARES OF US$0.50 EACH

12) Price per share

    £7.14

13) Date of transaction

    26 APRIL 2000

14) Date company informed

    28 APRIL 2000

15) Total holding following this notification

    105,225 ORDINARY SHARES OF US$0.50 EACH

16) Total percentage holding of issued class following this notification

    DE MINIMIS

     IF A DIRECTOR HAS BEEN GRANTED OPTIONS BY THE COMPANY PLEASE
                    COMPLETE THE FOLLOWING BOXES

17) Date of grant



18) Period during which or date on which exercisable



19) Total amount paid (if any) for grant of the option



20) Description of shares or debentures involved: class, number.



21) Exercise price (if fixed at time of grant) or indication that price
    is to be fixed at time of exercise



22) Total number of shares or debentures over which options held
    following this notification



23) Any additional information



24) Name of contact and telephone number for queries

    P A STAFFORD, ASSISTANT SECRETARY: 0207 260 3270

25) Name and signature of authorised company official responsible for
    making this notification

    Date of Notification.......28 APRIL 2000...........................



                       DEALINGS BY DIRECTORS


1)  NAME OF COMPANY

    HSBC HOLDINGS PLC

2)  NAME OF DIRECTOR

    FLINT, D J

3)  Please state whether notification indicates that it is in respect of
    holding of the Director named in 2 above or holding of that person's
    spouse or children under the age of 18 or in respect of a non-beneficial
    interest

    IN RESPECT OF THE DIRECTOR

4)  Name of the registered holder(s) and, if more than one holder, the
    number of shares held by each of them. (If notified)

    TURNSONIC (NOMINEES) LIMITED          2,144
    D J FLINT                             8,253
    HSBC TRUSTEE (C.I.) LIMITED          96,649

5)  Please state whether notification relates to a person(s) connected
    with the Director named in 2 above and identify the connected person(s)

    AS IN 3 ABOVE.

6)  Please state the nature of the transaction. For PEP transactions
    please indicate whether general/single co PEP and if discretionary/non
    discretionary

    SCRIP DIVIDEND - BENEFICIAL INTEREST

7)  Number of shares/amount of
    stock acquired

    1,821

8)   (DE MINIMIS % )
    of issued Class

9)  Number of shares/amount
    of stock disposed



10)  (    % )
   of issued Class

11) Class of security

    ORDINARY SHARES OF US$0.50 EACH

12) Price per share

    US$11.1624

13) Date of transaction

    27 APRIL 2000

14) Date company informed

    28 APRIL 2000

15) Total holding following this notification

    107,046 ORDINARY SHARES OF US$0.50 EACH

16) Total percentage holding of issued class following this notification

    DE MINIMIS

     IF A DIRECTOR HAS BEEN GRANTED OPTIONS BY THE COMPANY PLEASE
                    COMPLETE THE FOLLOWING BOXES

17) Date of grant



18) Period during which or date on which exercisable



19) Total amount paid (if any) for grant of the option



20) Description of shares or debentures involved: class, number.



21) Exercise price (if fixed at time of grant) or indication that price
    is to be fixed at time of exercise



22) Total number of shares or debentures over which options held
    following this notification



23) Any additional information



24) Name of contact and telephone number for queries

    P A STAFFORD, ASSISTANT SECRETARY: 0207 260 3270

25) Name and signature of authorised company official responsible for
    making this notification

    Date of Notification.......28 APRIL 2000...........................


                       DEALINGS BY DIRECTORS


1)  NAME OF COMPANY

    HSBC HOLDINGS PLC

2)  NAME OF DIRECTOR

    A W JEBSON

3)  Please state whether notification indicates that it is in respect of
    holding of the Director named in 2 above or holding of that person's
    spouse or children under the age of 18 or in respect of a non-beneficial
    interest

    IN RESPECT OF THE DIRECTOR

4)  Name of the registered holder(s) and, if more than one holder, the
    number of shares held by each of them. (If notified)

    HSBC TRUSTEE (C.I.) LIMITED         74,342
    
5)  Please state whether notification relates to a person(s) connected
    with the Director named in 2 above and identify the connected person(s)

    AS IN 3 ABOVE.

6)  Please state the nature of the transaction. For PEP transactions
    please indicate whether general/single co PEP and if discretionary/non
    discretionary

    SCRIP DIVIDEND - BENEFICIAL INTEREST

7)  Number of shares/amount of
    stock acquired

    1,355

8)   (DE MINIMIS % )
    of issued Class

9)  Number of shares/amount
    of stock disposed



10)  (    % )
   of issued Class

11) Class of security

    ORDINARY SHARES OF US$0.50 EACH

12) Price per share

    US$11.1624

13) Date of transaction

    27 APRIL 2000

14) Date company informed

    28 APRIL 2000

15) Total holding following this notification

    74,342 ORDINARY SHARES OF US$0.50 EACH

16) Total percentage holding of issued class following this notification

    DE MINIMIS

     IF A DIRECTOR HAS BEEN GRANTED OPTIONS BY THE COMPANY PLEASE
                    COMPLETE THE FOLLOWING BOXES

17) Date of grant



18) Period during which or date on which exercisable



19) Total amount paid (if any) for grant of the option



20) Description of shares or debentures involved: class, number.



21) Exercise price (if fixed at time of grant) or indication that price
    is to be fixed at time of exercise



22) Total number of shares or debentures over which options held
    following this notification



23) Any additional information



24) Name of contact and telephone number for queries

    E A HOBLEY, ASSISTANT SECRETARY: 0207 260 3272

25) Name and signature of authorised company official responsible for
    making this notification

    Date of Notification.......28 APRIL 2000...........................


                       DEALINGS BY DIRECTORS


1)  NAME OF COMPANY

    HSBC HOLDINGS PLC

2)  NAME OF DIRECTOR

    LORD MARSHALL OF KNIGHTSBRIDGE

3)  Please state whether notification indicates that it is in respect of
    holding of the Director named in 2 above or holding of that person's
    spouse or children under the age of 18 or in respect of a non-beneficial
    interest

    IN RESPECT OF THE DIRECTOR

4)  Name of the registered holder(s) and, if more than one holder, the
    number of shares held by each of them. (If notified)

    LORD MARSHALL OF KNIGHTSBRIDGE: 6,906

5)  Please state whether notification relates to a person(s) connected
    with the Director named in 2 above and identify the connected person(s)

    AS IN 3 ABOVE.

6)  Please state the nature of the transaction. For PEP transactions
    please indicate whether general/single co PEP and if discretionary/non
    discretionary

    SCRIP DIVIDEND - BENEFICIAL INTEREST

7)  Number of shares/amount of
    stock acquired

    126

8)   (DE MINIMIS % )
    of issued Class

9)  Number of shares/amount
    of stock disposed



10)  (    % )
   of issued Class

11) Class of security

    ORDINARY SHARES OF US$0.50 EACH

12) Price per share

    US$11.1624

13) Date of transaction

    27 APRIL 2000

14) Date company informed

    28 APRIL 2000

15) Total holding following this notification

    6,906 ORDINARY SHARES OF US$0.50 EACH

16) Total percentage holding of issued class following this notification

    DE MINIMIS

     IF A DIRECTOR HAS BEEN GRANTED OPTIONS BY THE COMPANY PLEASE
                    COMPLETE THE FOLLOWING BOXES

17) Date of grant



18) Period during which or date on which exercisable



19) Total amount paid (if any) for grant of the option



20) Description of shares or debentures involved: class, number.



21) Exercise price (if fixed at time of grant) or indication that price
    is to be fixed at time of exercise



22) Total number of shares or debentures over which options held
    following this notification



23) Any additional information



24) Name of contact and telephone number for queries

    E A HOBLEY, ASSISTANT SECRETARY: 020 7260 3272

25) Name and signature of authorised company official responsible for
    making this notification

    Date of Notification.......28 APRIL 2000...........................


                       DEALINGS BY DIRECTORS


1)  NAME OF COMPANY

    HSBC HOLDINGS PLC

2)  NAME OF DIRECTOR

    K R WHITSON

3)  Please state whether notification indicates that it is in respect of
    holding of the Director named in 2 above or holding of that person's
    spouse or children under the age of 18 or in respect of a non-beneficial
    interest

    IN RESPECT OF THE DIRECTOR

4)  Name of the registered holder(s) and, if more than one holder, the
    number of shares held by each of them. (If notified)

    HSBC NOMINEES (HONG KONG) LIMITED    5,701
    HSBC TRUSTEE (C.I.) LTD            134,308

5)  Please state whether notification relates to a person(s) connected
    with the Director named in 2 above and identify the connected person(s)

    AS IN 3 ABOVE.

6)  Please state the nature of the transaction. For PEP transactions
    please indicate whether general/single co PEP and if discretionary/non
    discretionary

    SCRIP DIVIDEND - BENEFICIAL INTEREST

7)  Number of shares/amount of
    stock acquired

    2,548

8)   (DE MINIMIS % )
    of issued Class

9)  Number of shares/amount
    of stock disposed



10)  (    % )
   of issued Class

11) Class of security

    ORDINARY SHARES OF US$0.50 EACH

12) Price per share

    US$11.1624

13) Date of transaction

    27 APRIL 2000

14) Date company informed

    28 APRIL 2000

15) Total holding following this notification

    140,009 ORDINARY SHARES OF US$0.50 EACH

16) Total percentage holding of issued class following this notification

    DE MINIMIS

     IF A DIRECTOR HAS BEEN GRANTED OPTIONS BY THE COMPANY PLEASE
                    COMPLETE THE FOLLOWING BOXES

17) Date of grant



18) Period during which or date on which exercisable



19) Total amount paid (if any) for grant of the option



20) Description of shares or debentures involved: class, number.



21) Exercise price (if fixed at time of grant) or indication that price
    is to be fixed at time of exercise



22) Total number of shares or debentures over which options held
    following this notification



23) Any additional information



24) Name of contact and telephone number for queries

    E A HOBLEY, ASSISTANT SECRETARY: 020 7260 3272

25) Name and signature of authorised company official responsible for
    making this notification

    Date of Notification.......28 APRIL 2000...........................