Holding(s) in Company

HSBC Holdings PLC
01 December 2004


NOTIFICATION OF MAJOR INTERESTS IN SHARES

Section 198 - Companies Act 1985

The Company was notified today by Cater Allen International Limited that, as at
30 November 2004, Cater Allen International Limited no longer has a reportable
interest in the share capital of HSBC Holdings plc.

A copy of the letter of notification is quoted below.

N S Black

Assistant Secretary

HSBC Holdings plc


Letter to HSBC Holdings plc dated 30 November 2004 from Kevin Whittern,
Compliance Officer, Cater Allen International Limited


"Dear Sir,

Notification of Interest in Shares pursuant to Part VI of the Companies Act 1985
(as amended)

In accordance with Part VI of the Companies Act 1985 (as amended), please note
that as of the date of this letter, Cater Allen International Limited (CAIL) no
longer has a reportable interest in the ordinary shares of HSBC Holdings Plc.



Yours faithfully,

Kevin Whittern

Compliance Manager

Cater Allen International Limited"


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