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HSBC Bank PLC (78QL)

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Thursday 06 November, 2003

HSBC Bank PLC

Director Shareholding

HSBC Bank PLC
06 November 2003


                                          Date of notification : 6 November 2003



          NOTIFICATION OF DIRECTORS' SHARE INTERESTS IN HSBC BANK PLC



Interests in shares of HSBC Holdings plc ('the Company') arising under sections
324 and 328 of the Companies Act 1985.

Following the acquisition of CCF S.A. ('CCF') by HSBC Holdings plc, outstanding
options over CCF shares granted (for nil consideration) have vested. On exercise
of the options, the CCF shares issued are exchangeable for ordinary shares in
HSBC Holdings plc (HSBC shares) in the same ratio as for the acquisition of CCF
- 13 HSBC for 1 CCF share. The HSBC shares are to be provided through the HSBC
Employee Benefit Trust 2001 (No.1) (the Trust), the Trustee of which is HSBC
Trustee (C.I.) Limited.

Mr C-H Filippi, a director of HSBC Bank plc, currently holds options over 66,000
CCF shares which he is obliged, upon exercise, to exchange for 858,000 (66,000 x
13) HSBC shares.

As a beneficiary of the Trust, Mr Filippi also has a technical interest in all
of the HSBC shares held by the Trust (including the HSBC shares which correspond
to his option over CCF shares enumerated above) as follows:



HSBC Holdings plc - Ordinary Shares US$0.50 each
Date of transaction       Nature of transaction by the Trust                               Consideration
                          Transfer by Trust of:
6 November 2003           26,000 HSBC shares to an individual exercising options over      13 HSBC shares
                          2,000 CCF shares                                                 for each CCF share


At 6 November 2003 the Trust held a total of 33,554,873 HSBC shares.

Nicola Black, Assistant Secretary
020 7991 2652


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