Interim Report - 19 of 21

RNS Number : 3151X

HSBC Holdings PLC

14 August 2009

 

1.     Directors' interests

According to the register of Directors' interests maintained by HSBC Holdings pursuant to section 352 of the Securities and Futures Ordinance of Hong Kong, the Directors of HSBC Holdings at 30 June 2009 had the following interests, all beneficial unless otherwise stated, in the shares and loan capital of HSBC and its associated corporations:

HSBC Holdings ordinary shares of US$0.50

			At 30 June 2009
	At      1 January     2009		Beneficial     owner		Child      under 18      or spouse		Controlled     corporation		Jointly     with     another     person		Trustee		Total     interests1
V H C Cheng	300,790		281,183		179,898		-		-		-		461,081
J D Coombe	13,250		19,354		-		-		-		-		19,354
R A Fairhead	-		-		-		-		21,300		-		21,300
D J Flint	119,456		142,107		-		-		-		32,1272		174,234
A A Flockhart	172,583		266,332		-		-		-		-		266,332
W K L Fung	328,000		294,666		-		170,000		-		-		464,666
M F Geoghegan	477,434		718,938		-		-		-		-		718,938
S K Green	667,421		936,815		-		-		64,252		-		1,001,067
S T Gulliver	2,279,861		3,396,767		177,456		-		-		-		3,574,223
J W J Hughes-Hallett	376,427		-		-		-		-		67,7553		67,755
W S H Laidlaw	21,693		29,315		-		-		-		1,4163		30,731
Sir Mark Moody-Stuart	10,840		7,083		1,190		-		-		7,0833		15,356
G Morgan	52,873		77,230		-		-		-		-		77,230
S M Robertson	98,620		8,207		-		-		-		131,7503		139,957
Sir Brian Williamson	24,496		35,782		-		-		-		-		35,782

1    Includes HSBC Holdings ordinary shares of US$0.50 taken up under the rights issue (as described on page 227). The Directors entitled to acquire new ordinary shares under the rights issue took up their rights in full, other than the rights arising in connection with any ordinary shares held by the executive Directors through the HSBC Holdings UK Share Ownership Plan. Details of executive Directors' other interests in HSBC Holdings ordinary shares of US$0.50 arising from the HSBC Holdings savings-related share option plans and the HSBC Share Plan are set out on the following pages. At 30 June 2009, the aggregate interests of each executive Director under the Securities and Futures Ordinance of Hong Kong in HSBC Holdings ordinary shares of US$0.50, including interests arising through employee share plans, were: V H C Cheng - 1,418,512; D J Flint - 945,919; A A Flockhart - 1,134,757; M F Geoghegan - 2,501,343; S K Green - 2,780,030; and S T Gulliver - 4,369,928. Each Director's total interests represents less than 0.03 per cent of the shares in issue.

2        Non-beneficial interest in 21,418 HSBC Holdings ordinary shares of US$0.50.

3    Non-beneficial.

M F Geoghegan has an interest as beneficial owner in 280,000 ordinary shares of HK$5.00 each in Hang Seng Bank Limited (representing less than 0.02 per cent of the shares in issue), which he held throughout the period. 

S K Green had an interest as beneficial owner in €75,000 of HSBC Holdings plc 5½ per cent Subordinated Notes 2009 which he held throughout the period. The HSBC Holdings plc 5½ per cent Subordinated Notes 2009 were redeemed by HSBC on 15 July 2009.

As directors of HSBC France, S K Green and S T Gulliver each have an interest as beneficial owner in one share of €5 in that company (representing less than 0.01 per cent of the shares in issue), which they held throughout the period. The directors have waived their rights to receive dividends on these shares and have undertaken to transfer these shares to HSBC on ceasing to be directors of HSBC France.

As directors of HSBC Private Banking Holdings (Suisse) SA, S K Green and S T Gulliver each have an interest as beneficial owner in one share of CHF1,000 in that company (representing less than 0.01 per cent of the shares in issue), which they held throughout the period. The directors have waived their rights to receive dividends on these shares and have undertaken to transfer these shares to HSBC on ceasing to be directors of HSBC Private Banking Holdings (Suisse) SA.

Savings-related share option plans and the HSBC Share Plan

The Remuneration Committee agreed to make adjustments to all unexercised share options and share awards under HSBC's various share plans and share schemes as a consequence of the rights issue. The adjustments were based on the theoretical ex-rights price, which was considered to be the most appropriate methodology to reflect the rights issue. The adjustments under certain share plans and share schemes have been approved by the relevant tax authorities, where necessary.

HSBC Holdings savings-related share option plans 

HSBC Holdings ordinary shares of US$0.50

		Exercise price (£)											Adjust-
	Date of      award	At      1 January     2009		At     30 June     2009								Held at     1 January      2009	ment      for rights      issue		Awarded     during the     period	Held at      30 June      2009
						Exercisable
						from1		until
D J Flint	25 Apr 2007	7.0872		6.17602		1 Aug 2012		31 Jan 2013				2,310		340	-	2,650
A A Flockhart	25 Apr 2007	7.0872		6.17602		1 Aug 2010		31 Jan 2011				1,332		196	-	-3
A A Flockhart	29 Apr 2009	-		3.3116		1 Aug 2014		31 Jan 2015				-		-	4,529	4,529

The HSBC Holdings savings-related share option plans are all-employee share plans under which eligible HSBC employees may be granted options to acquire HSBC Holdings ordinary shares. Employees may make contributions of up to £250 (or equivalent) each month over a period of one, three or five years which may be used on the first, third or fifth anniversary of the commencement of the relevant savings contract, at the employee's election, to exercise the options. The plans help align the interests of employees with the creation of shareholder value and, as such, exercise of the options is not subject to any performance conditions. The options were awarded for nil consideration and are exercisable at a 20 per cent discount to the average market value of the ordinary shares on the five business days immediately preceding the invitation date. There are no performance criteria conditional upon which the outstanding options are exercisable and there have been no variations to the terms and conditions since the awards were made. The market value per share of the ordinary shares at 30 June 2009 was £5.025. The highest and lowest market values per share during the period were £5.9432 and £3.0413. Market value is the mid-market price derived from the London Stock Exchange Daily Official List on the relevant date. Under the Securities and Futures Ordinance of Hong Kong, the options are categorised as unlisted physically settled equity derivatives.

1    May be advanced to an earlier date in certain circumstances, e.g. retirement.

2    Adjusted for rights issue.

3    Options lapsed on 29 April 2009 following closure of the associated savings-related account by the Director.

Awards of Performance Shares

HSBC Share Plan 

HSBC Holdings ordinary shares of US$0.50

	Date of         award		Year in     which     awards         may vest		Awards     held at     1 January     2009		Awards vested during period1,2						Awards     held at     30 June         20092
											Adjustment for rights issue
							Number		Monetary     value
									£000
V H C Cheng	6 Mar 2006	2009	2009		92,689		21,722		95		13,927		-3
	5 Mar 2007	2010	2010		180,739		-		-		27,156		214,465
	3 Jun 2008	2011	2011		130,852		-		-		19,661		155,269
D J Flint	6 Mar 2006	2009	2009		185,378		43,444		191		27,854		-3
	5 Mar 2007	2010	2010		270,755		-		-		40,682		321,279
	3 Jun 2008	2011	2011		377,343		-		-		56,696		447,756
A A Flockhart	6 Mar 2006	2009	2009		69,518		16,291		71		10,445		-3
	5 Mar 2007	2010	2010		120,395		-		-		18,089		142,861
	3 Jun 2008	2011	2011		128,675		-		-		19,333		152,686
M F Geoghegan	6 Mar 2006	2009	2009		231,724		54,305		238		34,817		-3
	5 Mar 2007	2010	2010		615,351		-		-		92,458		730,178
	3 Jun 2008	2011	2011		886,755		-		-		133,237		1,052,227
S K Green	6 Mar 2006	2009	2009		289,653		67,881		298		43,521		-3
	5 Mar 2007	2010	2010		461,513		-		-		69,344		547,634
	3 Jun 2008	2011	2011		1,037,692		-		-		155,915		1,231,329
S T Gulliver	6 Mar 2006	2009	2009		115,861		27,152		119		17,409		-3
	5 Mar 2007	2010	2010		133,725		-		-		20,092		158,678
	3 Jun 2008	2011	2011		56,063		-		-		8,423		66,524

Vesting of these Performance Share awards is subject to the achievement of the corporate performance conditions set out on pages 318 to 321 of the Annual Report and Accounts 2008. Interests in Performance Share awards are categorised under the Securities and Futures Ordinance of Hong Kong as the interests of a beneficiary of a trust.

1    A part of the total shareholder return element of the performance conditions was met and vested on 8 April 2009, when the market value per share was £4.37, as follows: V H C Cheng, 21,394 shares; D J Flint, 42,788 shares; A A Flockhart, 16,045 shares; M F Geoghegan, 53,485 shares; S K Green, 66,856 shares; and S T Gulliver, 26,742 shares. Awards representing the fourth interim dividend for 2008 vested on 6 May 2009, when the market value per share was £5.39, as follows: V H C Cheng, 328 shares; D J Flint, 656 shares; A A Flockhart, 246 shares; M F Geoghegan, 820 shares; S K Green, 1,025 shares; and S T Gulliver, 410 shares. The market value per share on the date of the award, 6 March 2006, was £9.89.

2    Includes additional shares arising from scrip dividends.

3    The earnings per share element and part of the total shareholder return element of the performance conditions were not met and, under the terms of the Plan, the following awards were forfeited on 8 April 2009: V H C Cheng, 86,931 shares; D J Flint, 173,862 shares; 
A A Flockhart, 65,199 shares; M F Geoghegan, 217,328 shares; S K Green, 271,659; and S T Gulliver, 108,664 shares. As a consequence, the fourth interim dividend for 2008 did not accrue on the forfeited shares.

Awards of Restricted Shares 

HSBC Share Plan 

HSBC Holdings ordinary shares of US$0.50

	Date of     award		Year in     which     awards     may vest		Awards     held on     1 January     2009		Awards made during period1				Awards vested during period			Adjustment for rights issue			Awards     held at     30 June         20092
							Number		Monetary     value		Number		Monetary value
									£000				£000
V H C Cheng	3 Mar 2008	2008	2011		86,158		-		-		-		-		12,945		102,235
	2 Mar 2009		2012		-		416,662		1,662		-		-		61,471		485,462
A A Flockhart	31 Oct 2007		2010		53,568		-		-		-		-		8,048		63,564
	3 Mar 2008		2011		12,488		-		-		-		-		1,877		14,819
	2 Mar 2009		2012		-		420,528		1,678		-		-		62,041		489,966
S T Gulliver	6 Mar 2006		20093		150,421		-		-		153,1934		6114		-		-
	5 Mar 2007	2010	2009-20103		319,934		-		-		163,8744		6544		23,894		188,702
	3 Mar 2008	2011	2009-20113		480,237		-		-		161,3994		6444		48,345		381,801

Vesting of Restricted Share awards is normally subject to the Director remaining an employee on the vesting date. The vesting date may be advanced to an earlier date in certain circumstances, e.g. death or retirement. Interests in Restricted Share awards granted in 2007 and 2008 are categorised under the Securities and Futures Ordinance of Hong Kong as the interests of a beneficiary of a trust and interests in Restricted Share awards granted in 2009 are categorised under the Securities and Futures Ordinance of Hong Kong as the interests of a beneficial owner.

1    At the date of the award, 2 March 2009, the market value per share was £3.99.

2    Includes additional shares arising from scrip dividends.

3    33 per cent of the award vests on each of the first and second anniversaries of the date of the award, with the balance vesting on the third anniversary of the date of the award. 

4    At the date of vesting, 2 March 2009, the market value per share was £3.99. The market value per share on the dates of the awards, 6 March 2006, 5 March 2007 and 3 March 2008, was £9.89, £8.96 and £7.90 respectively.

No Directors held any short position as defined in the Securities and Futures Ordinance of Hong Kong in the shares and loan capital of HSBC and its associated corporations. Save as stated above, none of the Directors had an interest in any shares or debentures of HSBC or any associated corporation at the beginning or at the end of the period, and none of the Directors or members of their immediate families was awarded or exercised any right to subscribe for any shares or debentures in any HSBC corporation during the period. Since the end of the period, the interests of each of the following Directors have increased by the number of HSBC Holdings ordinary shares shown against their name:

Increase in Directors' Interests since 30 June 2009

HSBC Holdings ordinary shares of US$0.50

	Beneficial     owner		Child     under 18     or spouse		Controlled     corporation		Trustee		Beneficiary     of a trust1
V H C Cheng	4,4412		1,645		-		-		4,317
J D Coombe	1773		-		-		-		-
D J Flint	1,1824		-		-		2943,5		7,034
A A Flockhart	6,9163,6		-		-		-		3,421
M F Geoghegan	3,1973		-		-		-		16,304
S K Green	407		-		-		-		16,272
S T Gulliver	-		53		-		-		7,280
G Morgan	7063		-		-		-		-
S M Robertson	753		-		-		-		-
Sir Brian Williamson	3273		-		-		-		-

1    Scrip dividend on Performance Share and Restricted Share awards granted in 2007 and 2008 under the HSBC Share Plan.

2    Scrip dividend on Restricted Share awards granted in 2009 under the HSBC Share Plan.

3    Scrip dividend. 

4    Comprises scrip dividend on shares held as beneficial owner (1,089 shares), the automatic reinvestment of dividend income by an Individual Savings Account or Personal Equity Plan manager (53 shares), the acquisition of shares in the HSBC Holdings UK Share Ownership Plan through regular monthly contributions (22 shares) and the automatic reinvestment of dividend income on shares held in the plan (18 shares). 

5    Non-beneficial interest in 196 HSBC Holdings ordinary shares of US$0.50.

6    Includes scrip dividend on Restricted Share awards granted in 2009 under the HSBC Share Plan (4,481).

7    Comprises acquisition of shares in the HSBC Holdings UK Share Ownership Plan through regular monthly contributions (22 shares) and the automatic reinvestment of dividend income on shares held in the plan (18 shares).

2    Employee share option plans

To help align the interests of employees with those of shareholders, share options are granted under all-employee share plans. There have been no awards of discretionary options since 30 September 2005. The following are particulars of outstanding employee share options, including those held by employees working under employment contracts that are regarded as 'continuous contracts' for the purposes of the Hong Kong Employment Ordinance. The options were granted at nil consideration. No options have been granted to substantial shareholders, suppliers of goods or services, or in excess of the individual limit for each share plan. No options were cancelled during the period. The options which were awarded, exercised or lapsed during the period are detailed in the tables below. Particulars of options held by Directors of HSBC Holdings are set out on page 234.

The Remuneration Committee agreed to make adjustments to all unexercised share options and share awards under HSBC's various share plans and share schemes as a consequence of the rights issue. The adjustments were based on the theoretical ex-rights price, which was considered to be the most appropriate methodology to reflect the rights issue. The adjustments under certain share plans and share schemes were approved by the relevant tax authorities, where necessary. In the case of the HSBC France and HSBC Private Bank France share plans, adjustments were made to the ratios at which the shares are exchangeable for HSBC Holdings ordinary shares of US$0.50 following the exercise of options.

All-employee share option plans

The exercise period of the options awarded under all-employee share plans may be advanced to an earlier date in certain circumstances, for example on retirement, and may be extended in certain circumstances, for example on the death of a participant, the executors may exercise the option up to six months beyond the normal exercise period. The closing price per HSBC Holdings ordinary share on 28 April 2009, the day before options were awarded in 2009, was £4.57. The options are exercisable at a 20 per cent discount to the average market value of the ordinary shares on the five business days immediately preceding the invitation date, unless otherwise indicated.

HSBC Holdings Savings-Related Share Option Plan 

HSBC Holdings ordinary shares of US$0.50

	Exercise price (£)
Date of award	At     1 Jan     2009		At     30 June     20091						At     1 Jan    2009	Adjustment      for rights     issue			Awarded     during         period		Exercised     during     period2		Lapsed     during     period		At     30 June     2009
					Exercisable
					from		until
23 Apr 2003	5.3496		4.6618		1 Aug 2008		31 Jan 2009		371,318		5,203		-		151,051		191,188		34,282
21 Apr 2004	6.4720		5.6399		1 Aug 2009		31 Jan 2010		4,647,894		610,947		-		7,664		779,257		4,471,920
24 May 2005	6.6792		5.8205		1 Aug 2008		31 Jan 2009		200,358		4,384		-		13,355		164,508		26,879
24 May 2005	6.6792		5.8205		1 Aug 2010		31 Jan 2011		4,550,403		550,913		-		3,697		2,676,282		2,421,337
26 Apr 2006	7.6736		6.6870		1 Aug 2009		31 Jan 2010		3,159,428		395,653		-		1,052		730,127		2,823,902
26 Apr 2006	7.6736		6.6870		1 Aug 2011		31 Jan 2012		2,636,893		319,896		-		622		1,716,009		1,240,158
25 Apr 2007	7.0872		6.1760		1 Aug 2010		31 Jan 2011		4,705,656		529,574		-		849		3,396,181		1,838,200
25 Apr 2007	7.0872		6.1760		1 Aug 2012		31 Jan 2013		3,554,943		418,019		-		541		2,497,632		1,474,789
30 Apr 2008	6.8160		5.9397		1 Aug 2011		31 Jan 2012		6,733,293		756,995		-		412		5,153,927		2,335,949
30 Apr 2008	6.8160		5.9397		1 Aug 2013		31 Jan 2014		5,947,860		694,867		-		272		4,685,447		1,957,008
29 Apr 2009	-		3.3116		1 Aug 2012		31 Jan 2013		-		-		32,960,627		-		26,514		32,934,113
29 Apr 2009	-		3.3116		1 Aug 2014		31 Jan 2015		-		-		31,053,247		-		20,865		31,032,382

1    Awards granted prior to 2009 adjusted for rights issue.

2    The weighted average closing price of the shares immediately before the dates on which options were exercised was £4.75.

The fair value of options granted in the period under the Plan was US$146 million.

HSBC Holdings Savings-Related Share Option Plan: International

HSBC Holdings ordinary shares of US$0.50 

	Exercise price
Date of award	At     1 Jan     2009		At     30 June     20091						At     1 Jan    2009	Adjustment     for rights      issue			Awarded    during    period		Exercised    during      period2		Lapsed    during    period		At    30 June    2009
					Exercisable
					from		until
	(£)		(£)
8 May 2003	5.3496		-		1 Aug 2008		31 Jan 2009		380,020		-		-		91,562		288,458		-
21 Apr 2004	6.4720		5.6399		1 Aug 2009		31 Jan 2010		7,456		1,098		-		-		-		8,554
10 May 2004	6.4720		5.6399		1 Aug 2009		31 Jan 2010		2,281,863		239,792		-		4,462		997,959		1,519,234
24 May 2005	6.6792		-		1 Aug 2008		31 Jan 2009		621,324		-		-		61,252		560,072		-
24 May 2005	6.6792		5.8205		1 Aug 2010		31 Jan 2011		2,804,273		254,169		-		1,684		2,053,800		1,002,958
26 Apr 2006	7.6736		6.6870		1 Aug 2009		31 Jan 2010		1,525,575		191,701		-		-		641,246		1,076,030
26 Apr 2006	7.6736		6.6870		1 Aug 2011		31 Jan 2012		323,674		40,882		-		-		210,735		153,821
25 Apr 2007	7.0872		-		1 Aug 2008		31 Oct 2008		264		-		-		264		-		-
25 Apr 2007	7.0872		6.1760		1 Aug 2010		31 Jan 2011		2,816,884		340,681		-		-		1,860,437		1,297,128
25 Apr 2007	7.0872		6.1760		1 Aug 2012		31 Jan 2013		773,845		89,634		-		-		540,017		323,462
30 Apr 2008	6.8160		5.9397		1 Aug 2009		31 Oct 2009		1,839,871		204,574		-		504		898,096		1,145,845
30 Apr 2008	6.8160		5.9397		1 Aug 2011		31 Jan 2012		3,291,771		387,480		-		320		2,406,896		1,272,035
30 Apr 2008	6.8160		5.9397		1 Aug 2013		31 Jan 2014		1,195,576		146,309		-		-		936,013		405,872
29 Apr 2009	-		3.3116		1 Aug 2010		31 Oct 2010		-		-		4,625,837		-		1,345		4,624,492
29 Apr 2009	-		3.3116		1 Aug 2012		31 Jan 2013		-		-		12,639,343		-		-		12,639,343
29 Apr 2009	-		3.3116		1 Aug 2014		31 Jan 2015		-		-		8,014,194		-		4,529		8,009,665
	(US$)		(US$)
26 Apr 2006	13.3290		11.6154		1 Aug 2009		31 Jan 2010		1,148,429		151,349		-		696		417,327		881,755
26 Apr 2006	13.3290		11.6154		1 Aug 2011		31 Jan 2012		305,353		40,157		-		-		137,536		207,974
25 Apr 2007	13.8803		12.0958		1 Aug 2010		31 Jan 2011		2,044,643		268,319		-		660		1,040,506		1,271,796
25 Apr 2007	13.8803		12.0958		1 Aug 2012		31 Jan 2013		590,169		78,253		-		-		306,425		361,997
30 Apr 2008	14.48763		12.6250		1 Aug 2009		31 Oct 2009		549,534		71,547		-		-		284,440		336,641
30 Apr 2008	13.6354		11.8824		1 Aug 2009		31 Oct 2009		399,466		50,322		-		-		104,690		345,098
30 Apr 2008	13.6354		11.8824		1 Aug 2011		31 Jan 2012		1,837,345		246,992		-		123		993,592		1,090,622
30 Apr 2008	13.6354		11.8824		1 Aug 2013		31 Jan 2014		507,206		69,969		-		-		280,521		296,654
29 Apr 2009	-		5.19313		1 Aug 2010		31 Oct 2010		-		-		1,082,798		-		-		1,082,798
29 Apr 2009	-		4.8876		1 Aug 2010		31 Oct 2010		-		-		604,897		-		684		604,213
29 Apr 2009	-		4.8876		1 Aug 2012		31 Jan 2013		-		-		5,084,031		-		3,051		5,080,980
29 Apr 2009	-		4.8876		1 Aug 2014		31 Jan 2015		-		-		2,599,092		-		-		2,599,092
	(€)		(€)
26 Apr 2006	11.0062		9.5912		1 Aug 2009		31 Jan 2010		124,371		16,114		-		-		29,235		111,250
26 Apr 2006	11.0062		9.5912		1 Aug 2011		31 Jan 2012		21,831		3,084		-		-		14,177		10,738
25 Apr 2007	10.4217		9.0818		1 Aug 2010		31 Jan 2011		254,482		34,383		-		-		137,833		151,032
25 Apr 2007	10.4217		9.0818		1 Aug 2012		31 Jan 2013		74,809		10,211		-		-		47,547		37,473
30 Apr 2008	8.6720		7.5571		1 Aug 2009		31 Oct 2009		149,323		16,379		-		-		70,727		94,975
30 Apr 2008	8.6720		7.5571		1 Aug 2011		31 Jan 2012		482,470		60,300		-		-		359,743		183,027
30 Apr 2008	8.6720		7.5571		1 Aug 2013		31 Jan 2014		196,833		23,563		-		-		179,479		40,917
29 Apr 2009	-		3.6361		1 Aug 2010		31 Oct 2010		-		-		369,886		-		577		369,309
29 Apr 2009	-		3.6361		1 Aug 2012		31 Jan 2013		-		-		1,466,146		-		2,475		1,463,671
29 Apr 2009	-		3.6361		1 Aug 2014		31 Jan 2015		-		-		1,058,095		-		-		1,058,095
	(HK$)		(HK$)
26 Apr 2006	103.4401		90.1414		1 Aug 2009		31 Jan 2010		2,311,113		179,064		-		-		1,426,487		1,063,690
26 Apr 2006	103.4401		90.1414		1 Aug 2011		31 Jan 2012		574,365		28,637		-		-		545,914		57,088
25 Apr 2007	108.4483		94.5057		1 Aug 2010		31 Jan 2011		2,367,952		122,567		-		-		2,299,914		190,605
25 Apr 2007	108.4483		94.5057		1 Aug 2012		31 Jan 2013		676,123		38,246		-		-		651,798		62,571
30 Apr 2008	106.2478		92.5881		1 Aug 2009		31 Oct 2009		1,698,625		101,377		-		-		1,249,546		550,456
30 Apr 2008	106.2478		92.5881		1 Aug 2011		31 Jan 2012		2,756,295		121,655		-		-		2,746,800		131,150
30 Apr 2008	106.2478		92.5881		1 Aug 2013		31 Jan 2014		959,694		54,445		-		-		944,333		69,806
29 Apr 2009	-		37.8797		1 Aug 2010		31 Oct 2010		-		-		5,783,397		-		4,493		5,778,904
29 Apr 2009	-		37.8797		1 Aug 2012		31 Jan 2013		-		-		23,940,771		-		-		23,940,771
29 Apr 2009	-		37.8797		1 Aug 2014		31 Jan 2015		-		-		21,513,401		-		-		21,513,401

1    Awards granted prior to 2009 adjusted for rights issue.

2    The weighted average closing price of the shares immediately before the dates on which the options were exercised was £5.11.

3                Exercisable at a 15 per cent discount to the average market value of the ordinary shares on the five business days immediately preceding the invitation date.

The fair value of options granted in the period under the Plan was US$187 million.

Fair values of share options awarded under all-employee share option plans in 2009, measured at the date of grant of the option, are calculated using a Black-Scholes model. 

The expected life of options depends on the behaviour of option holders, which is incorporated into the option model consistent with historic observable data. The fair values calculated are inherently subjective and uncertain due to the assumptions made and the limitations of the model used. The significant weighted average assumptions used to estimate the fair value of the options granted in 2009 were as follows:

	1-year             savings-related     share option     plan		3-year      savings-related     share option     plans		5-year     savings-related     share option    plans
Risk-free interest rate (%)1	0.7		2.1		2.4
Expected life (years)2	1		3		5
Expected volatility (%)3	50		35		30

1    The risk-free interest rate was determined from the UK gilts zero-coupon yield curve for the HSBC Holdings Savings-Related Share Option Plan. A similar yield curve was used for the HSBC Holdings Savings-Related Share Option Plan: International.

2    Expected life is not a single input parameter but a function of various behavioural assumptions.

3    Expected volatility is estimated by considering historic average HSBC share price volatility and implied volatility for traded options over HSBC shares of similar maturity to those of the employee options.

Expected dividend yield was determined to be 4.5 per cent per annum, in line with consensus analyst forecasts.

Discretionary share option plans

The exercise period of the options awarded under discretionary share incentive plans may be advanced to an earlier date in certain circumstances, for example on the sale of a business. In the case of the HSBC Holdings Executive Share Option Scheme, the exercise period of the options awarded may be extended in certain circumstances, for example on the death of a participant the executors may exercise the option beyond the normal exercise period.

HSBC Holdings Executive Share Option Scheme1

HSBC Holdings ordinary shares of US$0.50 

	Exercise price (£)
Date of award	At     1 Jan     2009		At     30 June     20092						At     1 Jan    2009	Adjustment     for rights      issue			Exercised    during      period3		Lapsed    during    period		At    30 June    2009
					Exercisable
					from		until
29 Mar 1999	6.3754		5.5557		3 Apr 2002		29 Mar 2009		6,858,013		1,005,752		6,300		7,857,465		-
10 Aug 1999	7.4210		6.4669		10 Aug 2002		10 Aug 2009		71,100		10,490		-		-		81,590
31 Aug 1999	7.8710		6.8591		31 Aug 2002		31 Aug 2009		4,000		590		-		-		4,590
3 Apr 2000	7.4600		6.5009		3 Apr 2003		3 Apr 2010		7,030,893		1,028,887		-		175,220		7,884,560

1    The HSBC Holdings Executive Share Option Scheme expired on 26 May 2000. No options have been granted under the Scheme since that date. 

2    Adjusted for rights issue.

3    The weighted average closing price of the shares immediately before the dates on which options were exercised was £5.67.

HSBC Holdings Group Share Option Plan1

HSBC Holdings ordinary shares of US$0.50 

	Exercise price (£)
Date of award	At     1 Jan     2009		At     30 June     20092						At     1 Jan    2009	Adjustment     for rights      issue			Exercised    during      period3		Lapsed    during    period		At    30 June    2009
					Exercisable
					from		until
4 Oct 2000	9.6420		8.4024		4 Oct 2003		4 Oct 2010		299,016		43,745		-		2,787		339,974
23 Apr 2001	8.7120		7.5919		23 Apr 2004		23 Apr 2011		26,148,186		4,337,958		-		253,953		30,232,191
30 Aug 2001	8.2280		7.1702		30 Aug 2004		30 Aug 2011		147,768		21,766		-		594		168,940
7 May 2002	8.4050		7.3244		7 May 2005		7 May 2012		28,369,933		4,483,790		550		277,224		32,575,949
30 Aug 2002	7.4550		6.4966		30 Aug 2005		30 Aug 2012		140,650		252,554		-		918		392,286
2 May 2003	6.9100		6.0216		2 May 2006		2 May 2013		25,860,244		4,330,341		-		637,039		29,553,546
29 Aug 2003	8.1300		7.0848		29 Aug 2006		29 Aug 2013		367,644		52,884		-		9,180		411,348
3 Nov 2003	9.1350		7.9606		3 Nov 2006		3 Nov 2013		4,019,800		593,054		-		-		4,612,854
30 Apr 2004	8.2830		7.2181		30 Apr 2007		30 Apr 2014		50,891,202		8,072,752		-		695,418		58,268,536
27 Aug 2004	8.6500		7.5379		27 Aug 2007		27 Aug 2014		299,200		44,142		-		9,903		333,439
20 Apr 2005	8.3620		7.2869		20 Apr 2008		20 Apr 2015		6,660,770		1,322,899		-		121,000		7,862,669

1    The HSBC Holdings Group Share Option Plan expired on 26 May 2005. No options have been granted under the Plan since that date. 

2    Adjusted for rights issue.

3    The weighted average closing price of the shares immediately before the dates on which options were exercised was £4.84. 

HSBC Share Plan 

HSBC Holdings ordinary shares of US$0.50 

	Exercise price (£)
Date of award	At     1 Jan     2009		At     30 June     20091						At     1 Jan    2009	Adjustment     for rights      issue			Exercised    during     period		Lapsed    during    period		At    30 June    2009
					Exercisable
					from		until
21 Jun 2005	8.794		7.6634		21 Jun 2008		21 Jun 2009		224,727		33,155		-		257,882		-
30 Sep 2005	9.170		7.9911		30 Sep 2008		30 Sep 2015		74,985		11,061		-		-		86,046

1    Adjusted for rights issue.

Subsidiary company share plans

HSBC France and HSBC Private Bank France

When it was acquired in 2000, HSBC France and one of its subsidiary companies, HSBC Private Bank France, operated employee share option plans under which options could be granted over their respective shares. No further options will be granted under either of these companies' plans. The following are details of options to acquire shares in HSBC France and HSBC Private Bank France.

HSBC France

shares of €5

Date of  award	Exercise    price (€)						At    1 Jan    2009		Exercised    during     period		Lapsed    during    period		At    30 June     20091
			Exercisable
			from		until
7 Apr 1999	81.71		7 Jun 2000		7 Apr 2009		183,627		-		183,627		-
12 Apr 2000	142.50		1 Jan 2002		12 Apr 2010		604,250		-		-		604,250

1    Following exercise of the options, the HSBC France shares will be exchanged for HSBC Holdings ordinary shares in the ratio of 14.917916 HSBC Holdings ordinary shares for each HSBC France share. At 30 June 2009, The HSBC Holdings Employee Benefit Trust 2001 (No. 1) held 9,963,718 HSBC Holdings ordinary shares which may be exchanged for HSBC France shares arising from the exercise of these options.

HSBC Private Bank France 

shares of €2 

Date of  award	Exercise    price (€)						At    1 Jan    2009		Exercised    during    period		Lapsed    during    period		At    30 June     20091
			Exercisable
			from		until
21 Dec 1999	10.84		21 Dec 2000		21 Dec 2009		26,250		-		-		26,250
10 Mar 2000	12.44		27 Jun 2004		31 Dec 2010		20,626		-		-		20,626
15 May 2001	20.80		15 May 2002		15 May 2011		141,525		-		-		141,525
1 Oct 2002	22.22		2 Oct 2005		1 Oct 2012		145,575		-		-		145,575

1    Following exercise of the options, the HSBC Private Bank France shares will be exchanged for HSBC Holdings ordinary shares in the ratio of 2.099984 HSBC Holdings ordinary shares for each HSBC Private Bank France share. At 30 June 2009, The CCF Employee Benefit Trust 2001 held 1,069,031 HSBC Holdings ordinary shares which may be exchanged for HSBC Private Bank France shares arising from the exercise of these options.

HSBC Finance and its subsidiaries

Following the acquisition of HSBC Finance in 2003, all outstanding options and equity-based awards over HSBC Finance common shares were converted into rights to receive HSBC Holdings ordinary shares in the same ratio as the share exchange offer for the acquisition of HSBC Finance (2.675 HSBC Holdings ordinary shares for each HSBC Finance common share) and the exercise prices per share were adjusted accordingly. No further options will be granted under any of these plans.

The following are details of options and equity-based awards to acquire shares in HSBC Holdings. At 30 June 2009, the HSBC (Household) Employee Benefit Trust 2003 held 2,662,279 HSBC Holdings ordinary shares and 1,455 American Depositary Shares, each of which represents five ordinary shares, which may be used to satisfy the exercise of employee share options.

    HSBC Finance: 1996 Long-Term Executive Incentive Compensation Plan

HSBC Holdings ordinary shares of US$0.50 

	Exercise price (US$)
Date of award	At     1 Jan     2009		At     30 June     20091						At     1 Jan    2009	Adjustment     for rights      issue			Exercised    during     period		Lapsed    during    period		At    30 June    2009
					Exercisable
					from		until
17 May 1999	16.99		14.81		17 May 2000		17 May 2009		334,375		49,331		-		383,706		-
31 Aug 1999	13.96		12.17		31 Aug 2000		31 Aug 2009		300,938		44,397		-		-		345,335
8 Nov 1999	16.96		14.78		8 Nov 2000		8 Nov 2009		4,250,577		627,096		-		-		4,877,673
30 Jun 2000	15.70		13.68		30 Jun 2001		30 Jun 2010		26,846		3,960		-		-		30,806
8 Feb 2000	13.26		11.56		8 Feb 2001		8 Feb 2010		66,875		9,866		-		-		76,741
13 Nov 2000	18.40		16.03		13 Nov 2001		13 Nov 2010		5,728,514		845,138		-		-		6,573,652
12 Nov 2001	21.37		18.62		12 Nov 2002		12 Nov 2011		7,571,322		1,117,012		-		-		8,688,334
20 Nov 2002	10.66		9.29		20 Nov 2003		20 Nov 2012		2,402,135		354,391		-		-		2,756,526

1    Adjusted for rights issue.

Bank of Bermuda

Following the acquisition of Bank of Bermuda in 2004, all outstanding options over Bank of Bermuda shares were converted into rights to receive HSBC Holdings ordinary shares based on the consideration of US$40 for each Bank of Bermuda share and the average closing price of HSBC Holdings ordinary shares, derived from the London Stock Exchange Daily Official List, for the five business days preceding the closing date of the acquisition. No further options will be granted under any of these plans.

The following are details of options to acquire shares in HSBC Holdings. At 30 June 2009 the HSBC (Bank of Bermuda) Employee Benefit Trust 2004 held 2,131,764 HSBC Holdings ordinary shares which may be used to satisfy the exercise of employee share options.

Bank of Bermuda: Executive Share Option Plan 1997 

HSBC Holdings ordinary shares of US$0.50 

	Exercise price (US$)
Date of award	At     1 Jan     2009		At     30 June     20091						At     1 Jan    2009	Adjustment     for rights      issue			Exercised    during      period2		Lapsed    during    period		At    30 June    2009
					Exercisable
					from		until
23 Feb 1999	7.40		6.45		23 Feb 2000		23 Feb 2009		4,904		723		-		5,627		-
3 Aug 1999	7.10		6.19		3 Aug 2000		3 Aug 2009		7,634		1,125		1,947		-		6,812
4 Feb 2000	7.21		6.28		4 Feb 2001		4 Feb 2010		31,678		4,674		-		-		36,352
1 Jun 2000	7.04		6.13		1 Jun 2001		1 Jun 2010		61,649		9,095		-		-		70,744
31 Jul 2000	10.11		8.81		31 Jul 2001		31 Jul 2010		27,744		4,093		-		-		31,837
11 Jan 2001	14.27		12.44		11 Jan 2002		11 Jan 2011		53,943		7,958		-		-		61,901

1    Adjusted for rights issue. 

2    The weighted average closing price of the shares immediately before the dates on which options were exercised was £5.11.

Bank of Bermuda: Share Option Plan 2000 

HSBC Holdings ordinary shares of US$0.50 

	Exercise price (US$)
Date of award	At     1 Jan     2009		At     30 June     20091						At     1 Jan    2009	Adjustment     for rights      issue			Exercised    during     period		Lapsed    during    period		At    30 June    2009
					Exercisable
					from		until
11 Jan 2001	14.27		12.44		11 Jan 2002		11 Jan 2011		134,857		19,896		-		-		154,753
6 Feb 2001	16.41		14.30		6 Feb 2002		6 Feb 2011		556,353		81,148		-		-		637,501
29 Mar 2001	15.39		13.41		29 Mar 2002		29 Mar 2011		270		40		-		-		310
16 Apr 2001	15.57		13.57		16 Apr 2002		16 Apr 2011		539		80		-		-		619
6 Jun 2001	18.35		15.99		6 Jun 2002		6 Jun 2011		8,091		1,194		-		-		9,285
16 Jul 2001	16.87		14.70		16 Jul 2002		16 Jul 2011		14,930		2,203		-		-		17,133
28 Aug 2001	15.39		13.41		28 Aug 2002		28 Aug 2011		13,486		1,990		-		-		15,476
26 Sep 2001	12.79		11.15		26 Sep 2002		26 Sep 2011		350,196		51,667		-		-		401,863
30 Jan 2002	15.60		13.59		30 Jan 2003		30 Jan 2012		1,226		181		-		-		1,407
5 Feb 2002	16.09		14.02		5 Feb 2003		5 Feb 2012		740,461		108,165		-		-		848,626
10 Jul 2002	15.84		13.80		10 Jul 2003		10 Jul 2012		12,260		1,809		-		-		14,069
4 Feb 2003	10.69		9.32		4 Feb 2004		4 Feb 2013		128,904		14,877		-		-		143,781
21 Apr 2003	11.85		10.33		21 Apr 2004		21 Apr 2013		6,833		1,009		-		-		7,842

1    Adjusted for rights issue.

Bank of Bermuda: Directors' Share Option Plan

HSBC Holdings ordinary shares of US$0.50 

	Exercise price (US$)
Date of award	At     1 Jan     2009		At     30 June     20091						At     1 Jan    2009	Adjustment     for rights      issue			Exercised    during      period		Lapsed    during    period		At    30 June    2009
					Exercisable
					from		until
22 Sep 1999	8.02		6.99		22 Sep 2000		22 Sep 2009		3,082		455		-		-		3,537
20 Sep 2000	11.31		9.86		20 Sep 2001		20 Sep 2010		4,046		597		-		-		4,643
28 Mar 2001	15.76		13.73		28 Mar 2002		28 Mar 2011		12,811		1,890		-		-		14,701
3 Apr 2002	16.01		13.95		3 Apr 2003		3 Apr 2012		24,520		3,615		-		-		28,135
30 Apr 2003	12.23		10.66		30 Apr 2004		30 Apr 2013		4,904		723		-		-		5,627

1    Adjusted for rights issue.

3    Notifiable interests in share capital

The following disclosures of major holdings of voting rights have been made (and have not been amended or withdrawn) to the Company pursuant to the requirements of the Financial Services Authority Disclosure and Transparency Rule 5:

• Barclays PLC gave notice on 17 April 2007 that it had an indirect interest on 16 April 2007 in 518,233,657 HSBC Holdings ordinary shares, representing 4.47 per cent of the ordinary shares in issue at that date.

•     Legal & General Group Plc gave notice on 18 April 2008 that it had a direct interest on 16 April 2008 in 593,425,216 HSBC Holdings ordinary shares, representing 5.00 per cent of the ordinary shares in issue at that date and gave notice on 21 April 2008 that on 18 April 2008 its holding of HSBC ordinary shares fell below 5.00 per cent of the ordinary shares in issue at that date.

There are no notifiable interests in the equity share capital recorded in the register maintained by HSBC Holdings pursuant to section 336 of the Securities and Futures Ordinance of Hong Kong.

4    Dealings in HSBC Holdings shares

Except for dealings as intermediaries by HSBC Bank, HSBC Financial Products (France) and The Hongkong and Shanghai Banking Corporation, which are members of a European Economic Area exchange, neither HSBC Holdings nor any subsidiary undertaking has bought, sold or redeemed any securities of HSBC Holdings during the six months to 30 June 2009.

5    Fourth interim dividend for 2008

        The market value of HSBC Holdings ordinary shares on the first day that the scrip dividend shares in respect of the fourth interim dividend for 2008 were traded on the London Stock Exchange was more than 15 per cent greater than the cash equivalent value used to calculate the scrip dividend entitlements. The market value of each HSBC Holdings share for the purposes of UK income tax and capital gains tax calculations on 6 May 2009 was £5.3129 and the cash equivalent value used to calculate scrip dividend entitlements was £3.906.

Accordingly, the UK HM Revenue and Customs will substitute the market value of £5.3129 per scrip dividend share for UK income tax and capital gains tax purposes for the cash equivalent value of £3.906 per scrip dividend share. 

A replacement Notional Tax Voucher was sent on 3 June 2009 to shareholders who elected for the scrip dividend alternative in respect of the fourth interim dividend for 2008.

6    First interim dividend for 2009

The first interim dividend for 2009 of US$0.08 per ordinary share was paid on 8 July 2009.

7    Second interim dividend for 2009

The Directors have declared a second interim dividend for 2009 of US$0.08 per ordinary share. The second interim dividend will be payable on 7 October 2009 to holders of ordinary shares on the Register at the close of business on 21 August 2009. The dividend will be payable in cash, in US dollars, sterling or Hong Kong dollars, or a combination of these currencies, at the exchange rates quoted by HSBC Bank plc in London at or about 11.00 am on 28 September 2009, and with a scrip dividend alternative. Particulars of these arrangements will be mailed to shareholders on or about 1 September 2009 and elections must be received by 23 September 2009.

The dividend will be payable on shares held through Euroclear France, the settlement and central depositary system for Euronext Paris, on 7 October 2009 to the holders of record on 21 August 2009. The dividend will be payable in cash in euros at the exchange rate on 28 September 2009, and with a scrip dividend alternative. Particulars of these arrangements will be announced through Euronext Paris on 17 August and 26 August 2009.

The dividend will be payable on American Depositary Shares ('ADS's), each of which represents five ordinary shares, on 7 October 2009 to holders of record on 21 August 2009. The dividend of US$0.40 per ADS will be payable in cash, in US dollars and with a scrip dividend alternative of new ADSs. Particulars of these arrangements will be mailed to holders on or about 1 September 2009. Elections must be received by the depositary on or before 17 September 2009. Alternatively, the cash dividend may be invested in additional ADSs for participants in the dividend reinvestment plan operated by the depositary.

HSBC Holdings ordinary shares will be quoted ex-dividend in London, Hong Kong, Paris and Bermuda on 19 August 2009. The ADSs will be quoted ex-dividend in New York on 19 August 2009.

The Overseas Branch Register of shareholders in Hong Kong will be closed for one day, on Friday 21 August 2009. Any person who has acquired shares registered on the Hong Kong Branch Register but who has not lodged the share transfer with the Hong Kong Branch Registrar should do so before 4.00 pm on Thursday 20 August 2009 in order to receive the second interim dividend for 2009, which will be payable on 7 October 2009. Transfers may not be made to or from the Hong Kong Overseas Branch Register while that Branch Register is closed.

Any person who has acquired shares registered on the Principal Register in the United Kingdom but who has not lodged the share transfer with the Principal Registrar should do so before 4.00 pm on Friday 21 August 2009 in order to receive the dividend.

Any person who has acquired shares registered on the Overseas Branch Register of shareholders in Bermuda but who has not lodged the share transfer with the Bermuda Branch Registrar should do so before 4.00 pm on Friday 21 August 2009 in order to receive the dividend.

Transfers of American Depositary Shares must be lodged with the depositary by 12 noon on 21 August 2009 in order to receive the dividend.

8    Proposed interim dividends for 2009

The Board has adopted a policy of paying quarterly dividends on the ordinary shares. Under this policy it is intended to have a pattern of three equal interim dividends with a variable fourth interim dividend. The proposed timetables for dividends payable on the ordinary shares in respect of 2009 that have not yet been declared are:

	Third interim     dividend for 2009		Fourth interim      dividend for 2009
Announcement	2 November 2009		1 March 2010
Shares quoted ex-dividend in London, Hong Kong, Paris and Bermuda	18 November 2009		17 March 2010
American Depositary Shares quoted ex-dividend in New York	18 November 2009		17 March 2010
Record date in Hong Kong	19 November 2009		18 March 2010
Record date in London, New York, Paris and Bermuda1	20 November 2009		19 March 2010
Payment date	13 January 2010		5 May 2010

1    Removals to and from the Overseas Branch Register of shareholders in Hong Kong will not be permitted on these dates.

9    Interim Management Statement

An Interim Management Statement is expected to be issued on 9 November 2009.

10    Final results

The results for the year to 31 December 2009 will be announced on Monday 1 March 2010. 

11    Corporate governance

HSBC is committed to high standards of corporate governance.

HSBC Holdings has complied throughout the six months to 30 June 2009 with the applicable code provisions of the Combined Code on Corporate Governance issued by the Financial Reporting Council and the Code on Corporate Governance Practices in Appendix 14 to the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited.

The Board of HSBC Holdings has adopted a code of conduct for transactions in HSBC Group securities by Directors. The code of conduct complies with The Model Code in the Listing Rules of the Financial Services Authority and with The Model Code for Securities Transactions by Directors of Listed Issuers ('Hong Kong Model Code') set out in the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited, save that The Stock Exchange of Hong Kong Limited has granted certain waivers from strict compliance with the Hong Kong Model Code. The waivers granted by The Stock Exchange of Hong Kong Limited primarily take into account accepted practices in the UK, particularly in respect of employee share plans. Following specific enquiry, each Director has confirmed he or she has complied with the code of conduct for transactions in HSBC Group securities throughout the period.

There have been no material changes to the information disclosed in the Annual Report and Accounts 2008 in respect of the number and remuneration of employees, remuneration policies, bonus and share option plans and training schemes. 

The biographies of Directors on pages 193 to 197 include changes during 2009 and the updated information required pursuant to rule 13.51B (1) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited.

12    Telephone and online share dealing service

For shareholders on the Principal Register who are resident in the UK, Channel Islands or Isle of Man with a UK, Channel Islands or Isle of Man postal address, and who hold an HSBC Bank personal current account, the HSBC InvestDirect sharedealing service is available for buying and selling HSBC Holdings ordinary shares. Details are available from: HSBC InvestDirect, Exchange Place, Poseidon Way, Leamington Spa, W    arwickshire CV34 6BY, UK, telephone    : [phone], Overseas, telephone: + 44 (0) 1926 834055, Textphone: 18001 08456 88 877,    web        : www.hsbc.co.uk/shares.

13    Stock codes

HSBC Holdings plc ordinary shares trade under the following stock codes:

London Stock Exchange        HSBA

Hong Kong Stock Exchange    5

New York Stock Exchange (ADS)    HBC

Euronext Paris    HSB

Bermuda Stock Exchange    HSBC BH

14    Copies of the Interim Report 2009 and shareholder enquiries and communications

Further copies of the Interim Report 2009 may be obtained from Group Communications, HSBC Holdings plc, 8 Canada Square, London E14 5HQ, United Kingdom; from Group Communications (Asia), The Hongkong and Shanghai Banking Corporation Limited, 1 Queen's Road Central, Hong Kong; from Internal Communications, HSBCߛNorth America, 26525 North Riverwoods Boulevard, Mettawa, Illinois 60045, USA; or from the HSBC website, www.hsbc.com.

Shareholders may at any time choose to receive corporate communications in printed form or to receive a notification of their availability on HSBC's website. To receive future notifications of a corporate communication on HSBC's website by email, or revoke or amend an instruction to receive such notifications by email, go to www.hsbc.com/ecomms. If you provide an e-mail address to receive electronic communications from HSBC you will also receive notifications of your dividend entitlements by email. If you received a notification of the availability of this document on HSBC's website and would like to receive a printed copy of it, or would like to receive future corporate communications in printed form, please write or send an email to the appropriate Registrars at the address given below. Printed copies will be provided without charge.

Any enquiries relating to your shareholding, for example transfers of shares, change of name or address, lost share certificates or dividend cheques, should be sent to the Registrars at the address given below. The Registrars offer an online facility, Investor Centre, which enables shareholders to manage their shareholding electronically.

Principal Register	Hong Kong Overseas Branch Register	Bermuda Overseas Branch Register
Computershare Investor Services PLC The Pavilions Bridgwater Road Bristol BS99 6ZZ United Kingdom Telephone: [phone] Email via website: www.investorcentre.co.uk/contactus Investor Centre: www.investorcentre.co.uk	Computershare Hong Kong  Investor Services Limited Hopewell Centre,  Rooms 1712-1716, 17th Floor 183 Queen's Road East Hong Kong Telephone: [phone] Email: [e-mail] Investor Centre: www.computershare.com/hk/investors	Corporate Shareholder Services The Bank of Bermuda Limited 6 Front Street Hamilton HM 11 Bermuda Telephone: [phone] Email: bob.bda.shareholder.services@ bob.hsbc.com  Investor Centre: www.computershare.com/investor/bm

Any enquiries relating to ADSs should be sent to the Depositary, The Bank of New York Mellon, at:

BNY Mellon Shareowner Services PO Box 358516 Pittsburgh PA 15252-8516 USA

Telephone (US): 1 877 283 5786 Telephone (international): 1 201 680 6825 Email: [e-mail] Web: www.bnymellon.com/shareowner

Any enquiries relating to shares held through Euroclear France, the settlement and central depositary system for Euronext Paris, should be sent to the paying agent:

HSBC France

103, avenue des Champs Elysées

75419 Paris Cedex 08

France

Telephone: [phone]

A Chinese translation of this and future documents may be obtained on request from the Registrars. Please also contact the Registrars if you have received a Chinese translation of this document and do not wish to receive such translations in the future.

Persons whose shares are held on their behalf by another person may have been nominated to receive communications from HSBC pursuant to section 146 of the UK Companies Act 2006 ('nominated persons'). The main point of contact for nominated persons remains the registered shareholder (for example your stockbroker, investment manager, custodian or other person who manages the investment on your behalf). Any changes or queries relating to nominated persons' personal details and holding (including any administration thereof) must continue to be directed to the registered shareholder and not HSBC's Registrars. The only exception is where HSBC, in exercising one of its powers under the UK Companies Act 2006, writes to nominated persons directly for a response.

中期業績報告及日後的相關文件均備有中譯本，如有需要，請向您的股份登記處索取。香港登記冊的股東請聯絡香港中央證券登記有限公司 (地址：香港灣仔皇后大道東 183 號 合和中心17 樓 1712 - 1716 室)。主要登記冊的股東請聯絡 Computershare Investor Services PLC。百慕達登記冊的股東請聯絡 The Bank of Bermuda Limited。  股東如收到本報告譯本，但不希望再收取此等譯本，請聯絡適當的股份登記處。

 

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