Directors' Notification of Dealing in Shares

HSBC Hldgs PLC
27 April 2000

                       DEALINGS BY DIRECTORS


1)  NAME OF COMPANY

HSBC HOLDINGS PLC

2)  NAME OF DIRECTOR

D G ELDON

3)  Please state whether notification indicates that it is in respect of
    holding of the Director named in 2 above or holding of that person's
    spouse or children under the age of 18 or in respect of a non-beneficial
    interest

IN RESPECT OF THE DIRECTOR

4)  Name of the registered holder(s) and, if more than one holder, the
    number of shares held by each of them. (If notified)

HSBC NOMINEES (HONG KONG) LTD             300

5)  Please state whether notification relates to a person(s) connected
    with the Director named in 2 above and identify the connected person(s)

AS IN 3 ABOVE

6)  Please state the nature of the transaction. For PEP transactions
    please indicate whether general/single co PEP and if discretionary/non
    discretionary

ACQUISITION - BENEFICIAL INTEREST

7)  Number of shares/amount of
    stock acquired

300

8)   (%)
    of issued Class

DE MINIMIS

9)  Number of shares/amount
    of stock disposed



10)  (    % )
   of issued Class

11) Class of security
HANG SENG BANK LTD 
ORDINARY SHARES OF HK$5.00 

12) Price per share

HK$71.75

13) Date of transaction

26 APRIL 2000

14) Date company informed

27 APRIL 2000

15) Total holding following this notification

HANG SENG BANK LTD
300 ORDINARY SHARES OF HK$5.00 EACH

16) Total percentage holding of issued class following this notification

DE MINIMIS

     IF A DIRECTOR HAS BEEN GRANTED OPTIONS BY THE COMPANY PLEASE
                    COMPLETE THE FOLLOWING BOXES

17) Date of grant



18) Period during which or date on which exercisable



19) Total amount paid (if any) for grant of the option



20) Description of shares or debentures involved: class, number.



21) Exercise price (if fixed at time of grant) or indication that price
    is to be fixed at time of exercise



22) Total number of shares or debentures over which options held
    following this notification



23) Any additional information



24) Name of contact and telephone number for queries

R H MUSGROVE, ASSISTANT SECRETARY 0207 260 0375 

25) Name and signature of authorised company official responsible for
    making this notification

    Date of Notification...27 APRIL 2000...............................



DEALINGS BY DIRECTORS


1)  NAME OF COMPANY

HSBC HOLDINGS PLC

2)  NAME OF DIRECTOR

D G ELDON

3)  Please state whether notification indicates that it is in respect of
    holding of the Director named in 2 above or holding of that person's
    spouse or children under the age of 18 or in respect of a non-beneficial
    interest

IN RESPECT OF THE DIRECTOR AND FAMILY INTEREST

4)  Name of the registered holder(s) and, if more than one holder, the
    number of shares held by each of them. (If notified)

HSBC NOMINEES (HONG KONG) LTD             3,749
HSBC TRUSTEE (C.I.) LIMITED             111,788

5)  Please state whether notification relates to a person(s) connected
    with the Director named in 2 above and identify the connected person(s)

FAMILY INTEREST-MARIA MARGARITA ELDON

6)  Please state the nature of the transaction. For PEP transactions
    please indicate whether general/single co PEP and if discretionary/non
    discretionary

ACQUISITION - BENEFICIAL INTEREST (1,200 SHARES),
FAMILY INTEREST (800 SHARES)

7)  Number of shares/amount of
    stock acquired

2,000

8)   Percentage
    of issued Class

DE MINIMIS

9)  Number of shares/amount
    of stock disposed



10)  (%)
   of issued Class

11) Class of security

ORDINARY SHARES OF US$0.50 EACH

12) Price per share

HK$88.75

13) Date of transaction

26 APRIL 2000

14) Date company informed

27 APRIL 2000

15) Total holding following this notification

115,537 ORDINARY SHARES OF US$0.50 EACH

16) Total percentage holding of issued class following this notification

DE MINIMIS

     IF A DIRECTOR HAS BEEN GRANTED OPTIONS BY THE COMPANY PLEASE
                    COMPLETE THE FOLLOWING BOXES

17) Date of grant



18) Period during which or date on which exercisable



19) Total amount paid (if any) for grant of the option



20) Description of shares or debentures involved: class, number.



21) Exercise price (if fixed at time of grant) or indication that price
    is to be fixed at time of exercise



22) Total number of shares or debentures over which options held
    following this notification



23) Any additional information



24) Name of contact and telephone number for queries

R H MUSGROVE, ASSISTANT SECRETARY 0207 260 0375 

25) Name and signature of authorised company official responsible for
    making this notification

    Date of Notification...27 APRIL 2000...............................



DEALINGS BY DIRECTORS


1)  NAME OF COMPANY

HSBC HOLDINGS PLC

2)  NAME OF DIRECTOR

D G ELDON

3)  Please state whether notification indicates that it is in respect of
    holding of the Director named in 2 above or holding of that person's
    spouse or children under the age of 18 or in respect of a non-beneficial
    interest

IN RESPECT OF THE DIRECTOR

4)  Name of the registered holder(s) and, if more than one holder, the
    number of shares held by each of them. (If notified)

HSBC NOMINEES (HONG KONG) LTD             3,749
HSBC TRUSTEE (C.I.) LIMITED             113,767

5)  Please state whether notification relates to a person(s) connected
    with the Director named in 2 above and identify the connected person(s)

AS IN 3 ABOVE

6)  Please state the nature of the transaction. For PEP transactions
    please indicate whether general/single co PEP and if discretionary/non
    discretionary

ACQUISITION SCRIP DIVIDEND - BENEFICIAL INTEREST

7)  Number of shares/amount of
    stock acquired

1,979

8)   (%)
    of issued Class

DE MINIMIS

9)  Number of shares/amount
    of stock disposed



10)  (    % )
   of issued Class

11) Class of security

ORDINARY SHARES OF US$0.50 EACH

12) Price per share

US$11.1624 

13) Date of transaction

27 APRIL 2000

14) Date company informed

27 APRIL 2000

15) Total holding following this notification

117,516 ORDINARY SHARES OF US$0.50 EACH

16) Total percentage holding of issued class following this notification

DE MINIMIS

     IF A DIRECTOR HAS BEEN GRANTED OPTIONS BY THE COMPANY PLEASE
                    COMPLETE THE FOLLOWING BOXES

17) Date of grant



18) Period during which or date on which exercisable



19) Total amount paid (if any) for grant of the option



20) Description of shares or debentures involved: class, number.



21) Exercise price (if fixed at time of grant) or indication that price
    is to be fixed at time of exercise



22) Total number of shares or debentures over which options held
    following this notification



23) Any additional information



24) Name of contact and telephone number for queries

R H MUSGROVE, ASSISTANT SECRETARY 0207 260 0375 

25) Name and signature of authorised company official responsible for
    making this notification

    Date of Notification...27 APRIL 2000...............................



DEALINGS BY DIRECTORS


1)  NAME OF COMPANY

HSBC HOLDINGS PLC

2)  NAME OF DIRECTOR

DR H SOHMEN

3)  Please state whether notification indicates that it is in respect of
    holding of the Director named in 2 above or holding of that person's
    spouse or children under the age of 18 or in respect of a non-beneficial
    interest

IN RESPECT OF A FAMILY INTEREST OF THE DIRECTOR (6,713 SHARES) AND A CORPORATE
INTEREST (40,375 SHARES)

4)  Name of the registered holder(s) and, if more than one holder, the
    number of shares held by each of them. (If notified)

HSBC NOMINEES (HONG KONG) LIMITED         2,239,599
JAMES CAPEL NOMINEES LIMITED                446,800

5)  Please state whether notification relates to a person(s) connected
    with the Director named in 2 above and identify the connected person(s)

FAMILY INTEREST - A SOHMEN

CORPORATE INTEREST - LIBERIAN EBONY TRANSPORTS, INC AND TAURO CO LTD

6)  Please state the nature of the transaction. For PEP transactions
    please indicate whether general/single co PEP and if discretionary/non
    discretionary

ACQUISITION - SCRIP DIVIDEND
FAMILY INTEREST(6,713 SHARES) AND CORPORATE INTEREST (40,375 SHARES)

7)  Number of shares/amount of
    stock acquired

47,088

8)   (%)
    of issued Class

DE MINIMIS

9)  Number of shares/amount
    of stock disposed



10)  (    % )
   of issued Class

11) Class of security
US$0.50 ORDINARY SHARES

12) Price per share

US$11.1624

13) Date of transaction

27 APRIL 2000

14) Date company informed

27 APRIL 2000

15) Total holding following this notification

2,686,399 ORDINARY SHARES OF US$0.50 EACH

16) Total percentage holding of issued class following this notification

DE MINIMIS

     IF A DIRECTOR HAS BEEN GRANTED OPTIONS BY THE COMPANY PLEASE
                    COMPLETE THE FOLLOWING BOXES

17) Date of grant



18) Period during which or date on which exercisable



19) Total amount paid (if any) for grant of the option



20) Description of shares or debentures involved: class, number.



21) Exercise price (if fixed at time of grant) or indication that price
    is to be fixed at time of exercise



22) Total number of shares or debentures over which options held
    following this notification



23) Any additional information



24) Name of contact and telephone number for queries

R H MUSGROVE, ASSISTANT SECRETARY 0207 260 0375 

25) Name and signature of authorised company official responsible for
    making this notification

    Date of Notification...27 APRIL 2000...............................



DEALINGS BY DIRECTORS


1)  NAME OF COMPANY

HSBC HOLDINGS PLC

2)  NAME OF DIRECTOR

D E CONNOLLY

3)  Please state whether notification indicates that it is in respect of
    holding of the Director named in 2 above or holding of that person's
    spouse or children under the age of 18 or in respect of a non-beneficial
    interest

IN RESPECT OF THE DIRECTOR

4)  Name of the registered holder(s) and, if more than one holder, the
    number of shares held by each of them. (If notified)

HSBC NOMINEES (HONG KONG) LTD             51,570

5)  Please state whether notification relates to a person(s) connected
    with the Director named in 2 above and identify the connected person(s)

AS IN 3 ABOVE

6)  Please state the nature of the transaction. For PEP transactions
    please indicate whether general/single co PEP and if discretionary/non
    discretionary

SCRIP DIVIDEND - BENEFICIAL INTEREST

7)  Number of shares/amount of
    stock acquired

938

8)   (%)
    of issued Class

DE MINIMIS

9)  Number of shares/amount
    of stock disposed



10)  (    % )
   of issued Class

11) Class of security

US$0.50 ORDINARY SHARES

12) Price per share

US$11.1624 

13) Date of transaction

27 APRIL 2000

14) Date company informed

27 APRIL 2000

15) Total holding following this notification

51,570 ORDINARY SHARES OF US$0.50 EACH

16) Total percentage holding of issued class following this notification

DE MINIMIS

     IF A DIRECTOR HAS BEEN GRANTED OPTIONS BY THE COMPANY PLEASE
                    COMPLETE THE FOLLOWING BOXES

17) Date of grant



18) Period during which or date on which exercisable



19) Total amount paid (if any) for grant of the option



20) Description of shares or debentures involved: class, number.



21) Exercise price (if fixed at time of grant) or indication that price
    is to be fixed at time of exercise



22) Total number of shares or debentures over which options held
    following this notification



23) Any additional information



24) Name of contact and telephone number for queries

P A STAFFORD, ASSISTANT SECRETARY 0207 260 3270

25) Name and signature of authorised company official responsible for
    making this notification

    Date of Notification...27 APRIL 2000...............................


DEALINGS BY DIRECTORS


1)  NAME OF COMPANY

HSBC HOLDINGS PLC

2)  NAME OF DIRECTOR

R K F CH'IEN

3)  Please state whether notification indicates that it is in respect of
    holding of the Director named in 2 above or holding of that person's
    spouse or children under the age of 18 or in respect of a non-beneficial
    interest

IN RESPECT OF THE DIRECTOR

4)  Name of the registered holder(s) and, if more than one holder, the
    number of shares held by each of them. (If notified)

R K F CH'IEN                          256£
ING BARING SECURITIES (HK) LIMITED  22,615*

5)  Please state whether notification relates to a person(s) connected
    with the Director named in 2 above and identify the connected person(s)

AS IN 3 ABOVE

6)  Please state the nature of the transaction. For PEP transactions
    please indicate whether general/single co PEP and if discretionary/non
    discretionary

SCRIP DIVIDEND - BENEFICIAL INTEREST

7)  Number of shares/amount of
    stock acquired

4£
411*

8)   (%)
    of issued Class

DE MINIMIS

9)  Number of shares/amount
    of stock disposed



10)  (    % )
   of issued Class

11) Class of security

US$0.50 ORDINARY SHARES

12) Price per share

US$11.1624

13) Date of transaction

27 APRIL 2000

14) Date company informed

27 APRIL 2000

15) Total holding following this notification

22,871 ORDINARY SHARES OF US$0.50 EACH

16) Total percentage holding of issued class following this notification

DE MINIMIS

     IF A DIRECTOR HAS BEEN GRANTED OPTIONS BY THE COMPANY PLEASE
                    COMPLETE THE FOLLOWING BOXES

17) Date of grant



18) Period during which or date on which exercisable



19) Total amount paid (if any) for grant of the option



20) Description of shares or debentures involved: class, number.



21) Exercise price (if fixed at time of grant) or indication that price
    is to be fixed at time of exercise



22) Total number of shares or debentures over which options held
    following this notification



23) Any additional information



24) Name of contact and telephone number for queries

P A STAFFORD, ASSISTANT SECRETARY 0207 260 3270 

25) Name and signature of authorised company official responsible for
    making this notification

    Date of Notification...27 APRIL 2000...............................