HSBC Bank Share Capital

HSBC Hldgs PLC
13 November 2000


             HSBC BANK PLC INCREASE IN SHARE CAPITAL

Following completion of the acquisition of Credit Commercial
de France (CCF) by HSBC Holdings plc in October 2000,
ownership of CCF has been transferred within the HSBC Group
to HSBC Bank plc.

The transfer was funded partly by intra-Group capital issues.
HSBC Holdings plc subscribed £6,718.6 million for ordinary share
capital from HSBC Bank plc, which also issued to a wholly-owned
subsidiary of HSBC Holdings plc Eur900 million of innovative tier
one capital as subordinated debt in the form of a cumulative note
due 2040.

Note to editors:
Headquartered in London, with some 6,000 offices in 81
countries and territories and assets of US$580 billion at 30
June 2000, the HSBC Group is one of the world's largest
banking and financial services organisations.