Director Shareholding

HSBC Holdings PLC
28 April 2003

DIRECTOR'S INTERESTS ON APPOINTMENT - WILLIAM FREDERICK ALDINGER



William Frederick Aldinger, appointed a Director of HSBC Holdings plc on 25
April 2003, had at the date of his appointment the following interests in HSBC
Holdings plc Ordinary Shares ("Shares") of US$0.50 each:

i) Beneficial interest in 1,338,849 Shares registered in the name of BNY
(Nominees) Limited;

ii) Non-beneficial interest in 40,125 Shares registered in the name of BNY
(Nominees) Limited;

iii) Beneficial interest in 942,808 Shares relating to an award under the HSBC
Holdings Restricted Share Plan 2000, registered in the name of Abacus Corporate
Trustee Limited A/C H1334; and

iv) Technical interest in 17,200,000 Shares relating to The HSBC (Household)
Employee Benefit Trust 2003 (the "Trust"). The Trust has been established to
satisfy the exercise of options over HSBC Shares by employees of Household. As a
beneficiary of the Trust, Mr Aldinger has a technical interest in all of the
HSBC Shares held by the Trust. The Shares are registered in the name of James
Capel Nominees Limited.

He has an interest in the following options over HSBC Holdings plc Ordinary
Shares of US$0.50 each which were granted at nil consideration:


               GRANT        PERIOD DURING WHICH                  EXERCISE
                DATE            EXERCISABLE                   PRICE (US$)         TOTAL

            13/09/94        13/09/95 - 13/09/04                    4.7430       535,000
            07/02/95        07/02/96 - 07/02/05                    5.0935       971,025
            13/11/95        13/11/96 - 13/11/05                    7.4299       971,025
            11/11/96        11/11/97 - 11/11/06                   11.4330     1,003,125
            10/11/97        10/11/98 - 10/11/07                   14.6028     1,203,750
            09/11/98        09/11/99 - 09/11/08                   13.7150     1,337,500
            08/11/99        08/11/00 - 08/11/09                   16.9626     1,230,500
            13/11/00        13/11/01 - 13/11/10                   18.4000     1,605,000
            12/11/01        12/11/02 - 12/11/11                   21.3682     2,140,000
            20/11/02        20/11/03 - 20/11/12*                  10.6636     2,140,000

* 25% of the Shares are exercisable on each of the 1st, 2nd, 3rd and 4th
anniversaries of the Grant Date.


Robert Musgrove


Assistant Secretary

020 7992 1504



                      This information is provided by RNS
            The company news service from the London Stock Exchange