Director/PDMR Shareholding

HSBC Holdings PLC
18 January 2008


 NOTIFICATION OF TRANSACTIONS OF PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY
                            AND/OR CONNECTED PERSONS


This notification relates to a transaction notified in accordance with DTR 3.1.2
R and 3.1.4 R (1)(a)


1      Name of the issuer

       HSBC Holdings plc

2      Name of the person discharging managerial responsibilities or, where applicable, the name of the
       person connected with a person discharging managerial responsibilities

       S K Green, a person discharging managerial responsibilities

3      Description of shares (including class), debentures, derivatives or any other financial instruments
       relating to shares

       US$0.50 ordinary shares

4      State the nature of the transactions

       i. Acquisition / scrip dividend on conditional awards under Restricted Share Plan and The HSBC Share
       Plan

       ii. Acquisition / scrip dividend

       iii. Acquisition / reinvestment of scrip dividend on HSBC Holdings UK Share Ownership Plan holding

5      Number of shares, derivatives or any other financial instruments relating to shares acquired

       i. 11,836


       ii. 4,778


       iii. 14


6      Number of shares, derivatives or any other financial instruments relating to shares disposed


       N/A


7      Price per share or value of transactions

       i) and ii) US$16.821

       iii) £7.51


8      Date and place of transactions


       16 January 2008, London


9      Date issuer informed of transactions


       18 January 2008


10     Total holding following notification


       1,724,444


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


       Nicola Black, Assistant Secretary, 020 7991 2652


12     Date of notification


       18 January 2008


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