Trinkaus & Burkhardt Dividend

HSBC Holdings PLC
16 February 2005

                  HSBC TRINKAUS & BURKHARDT KGaA 2004 DIVIDEND

The Supervisory Board and Managing Partners of HSBC Trinkaus & Burkhardt, which
is approximately 73.5 per cent indirectly owned by HSBC Holdings plc, will
propose to the Annual General Meeting on 7 June 2005, on the basis of the draft
results for the financial year ended 31 December 2004, the payment of a dividend
of EUR2.25 per share (previous year EUR1.75 per share).

Note to Editors:

The HSBC Group

HSBC Holdings plc is headquartered in the UK. The HSBC Group serves over 110
million customers worldwide from approximately 10,000 offices in 76 countries
and territories in Europe, the Asia-Pacific region, the Americas, the Middle
East and Africa. With assets of US$1,154 billion at 30 June 2004, 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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