Director/PDMR Shareholding

HSBC Holdings PLC
22 December 2006

NOTIFICATION OF INTERESTS OF PERSON DISCHARGING MANAGERIAL RESPONSIBILITY AND/OR
                               CONNECTED PERSONS

1. Name of the issuer

HSBC Holdings plc

2. Name of person discharging managerial responsibilities

Charles-Henri Filippi

3. Name of connected person (if applicable to this transaction)

N/A

4. This notification relates to a transaction notified in accordance with DR
3.1.4R(1)(a)

5. Description of shares (including class) or derivatives or other financial
instruments relating to the shares of HSBC Holdings plc

Ordinary shares of US$0.50 each

6. State the nature of the transactions

a. Part exercise of share option over 1,000 HSBC France shares (exchanged for
13,000 HSBC shares)

b. Gift of resultant HSBC shares to charity

7. Number of shares, derivatives or financial instruments relating to shares
acquired

13,000

8. Number of shares, derivatives or financial instruments relating to shares
disposed

13,000

9. Price per share or value of transaction

a. €81.71 per HBFR share / €6.29 per HSBC share

b. Nil

10. Date and place of transaction

a. 13 December 2006, Paris

b. 14 December 2006, Paris

11. Date issuer informed of transaction

21 December 2006

Name of contact and telephone number for queries

N S Black, Assistant Secretary, HSBC Holdings plc, 020 7991 2652

Name of duly authorised officer/official of issuer responsible for making
notification

As above

Date of notification

22 December 2006


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