Fourth Interim Dividend 2007

HSBC Holdings PLC
28 April 2008



                               HSBC HOLDINGS PLC

            PAYMENT OF DIVIDENDS IN UNITED STATES DOLLARS, STERLING

                              OR HONG KONG DOLLARS

On 3 March 2008, the Directors of HSBC Holdings plc declared a fourth interim
dividend for 2007 of US$0.39 per ordinary share. The dividend is payable on 7
May 2008 to shareholders on the Principal Register, the Hong Kong Overseas
Branch Register or the Bermuda Overseas Branch Register at close of business on
25 March 2008 in cash in United States 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. However, shareholders
with addresses in the United States will automatically receive dividends in
United States dollars unless they currently receive payment in one of the other
currencies or make an election to do so. In the absence of instructions to the
contrary, shareholders on the Hong Kong Overseas Branch Register and the Bermuda
Overseas Branch Register will automatically receive dividends in Hong Kong
dollars and United States dollars respectively.

Dividends payable in cash in sterling or Hong Kong dollars on 7 May 2008 will be
converted from United States dollars at the forward exchange rates quoted by
HSBC Bank plc in London at 11.00 am on 28 April 2008 (US$1 = HK$7.7856 and 
£1 = US$1.989025). Accordingly, the amount payable on 7 May 2008 will be:

               US$0.39 per share;
               approximately HK$3.036384 per share; or
               approximately £0.196076 per share.

The dividend payable to holders of American Depositary Shares ('ADSs'), each of
which represents five ordinary shares, will be US$1.95 per ADS. The dividend
will be paid on 7 May 2008 in cash in United States dollars or in new shares to
those who have elected to receive the scrip dividend alternative. The cash
dividend for participants in the dividend reinvestment plan, operated by the
depositary, will be invested in additional ADSs.


R G Barber
Group Company Secretary
HSBC Holdings plc


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