HSBC Trinkaus - ITS Shares

HSBC Holdings PLC
05 December 2007


The following text is the English translation of a statutory public announcement
according to section 15 of the Securities Trading Act ("Wertpapierhandelsgesetz") 
in Germany by HSBC Trinkaus & Burkhardt, a 78.6 per cent indirectly owned
subsidiary of HSBC Holdings plc.


                  HSBC TRINKAUS & BURKHARDT AG ACQUIRES SHARES
                      OF INTERNATIONAL TRANSACTION SERVICES
                                        
HSBC Trinkaus & Burkhardt AG has agreed to acquire 49 per cent of the shares of
International Transaction Services GmbH from T-Systems Enterprise Services GmbH
with effect from 1 January 2008. The gross asset value of International
Transaction Services GmbH was €61.2 million as of 31 December 2006. The
acquisition is subject to the approval of the supervisory board of T-Systems
Enterprise Services GmbH.

International Transaction Services GmbH provides securities settlement services
and was founded in 2005 as a Joint Venture by T-Systems Enterprise Services GmbH
and HSBC Trinkaus & Burkhardt Gesellschaft fur Bankbeteiligungen mbh, a wholly
owned subsidiary of HSBC Trinkaus & Burkhardt AG.

On completion of the acquisition HSBC Trinkaus & Burkhardt AG will own 100 per
cent of the shares in International Transaction Services GmbH on a consolidated
basis.


Notes to editors:

1. HSBC Trinkaus & Burkhardt AG

HSBC Trinkaus is one of the leading private banks in Germany and part of the
globally-operating HSBC Group. In addition to the head office in Dusseldorf,
HSBC Trinkaus is represented in six locations in Germany with over 1,800
employees and has access to the global network of the HSBC Group. With total
assets of €21.8 billion* and €86.3 billion in funds under management and
administration*, the bank has a Fitch IBCA rating of AA-. The core target groups
are private clients, corporate clients and institutional clients. *(figures as
at 30 September 2007).

Copies of all the bank's news releases can be found on the homepage 
www.hsbctrinkaus.de.

2. HSBC Holdings plc

HSBC Holdings plc serves over 125 million customers worldwide through around
10,000 offices in 83 countries and territories in Europe, the Asia-Pacific
region, the Americas, the Middle East and Africa. With assets of some US$2,150
billion at 30 June 2007, HSBC is one of the world's largest banking and
financial services organisations. HSBC is marketed worldwide as 'the world's
local bank'.







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