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Wednesday 17 April, 2002

HSBC Fixed Inc. 7PLC

Re: Interest in Shares

HSBC Fixed Income 7 PLC
17 April 2002

                          STOCK EXCHANGE ANNOUNCEMENT

                      For Immediate Release 17 April, 2002

                            HSBC Fixed Income 7 plc

                            Major Interest in Shares

The Directors of HSBC Fixed Income 7 plc wish to announce that applications for
24,552,988 A Shares have been received under the Offer of Shares which closed on
17 April, 2002 raising a total of GBP 24,552,988 under A Shares.

This announcement also serves to advise that HSBC Trust Company (UK) Limited is
interested in 22,633,918 A Shares, representing 92.18% of the issued A Shares.


Davy Stockbrokers               Louise Murray          + 353 1 614 9942

HSBC Asset Management            James Chu             + 44 20 7955 5050
(Europe) Limited

This announcement has been issued through the Companies Announcement Service of

                           the Irish Stock Exchange.

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