Director S/holding - Replace

HSBC Holdings PLC
18 June 2003

The following replaces the Director Shareholding announcement released on 16 May
2003 at 15:06 under RNS number 2193L. The reference to Aldinger Investments,
L.P. transferring all of its 325,010 HSBC shares to the Exempt Trust under
agreement Aldinger 2000 Special Trust was incorrect. Of the 325,010 HSBC shares
held by Aldinger Investments L.P. only 35,440 were transferred to the Exempt
Trust under agreement Aldinger 2000 Special Trust (which in fact occurred on 10
June 2003) with a balance of 289,570 HSBC shares continuing to be held by
Aldinger Investments, L.P.

Mr Aldinger's overall interests remain unchanged. The full amended text appears
below.



                   NOTIFICATION OF DIRECTORS' SHARE INTERESTS

                              IN HSBC HOLDINGS PLC



Interests in shares of HSBC Holdings plc ("the Company") arising under Rule
16.13 of the UK Listing Authority Listing Rules.

Following the acquisition of Household International, Inc. ("Household") by the
Company, outstanding options over Household shares granted (for nil
consideration) have been converted into options to acquire HSBC Holdings plc
ordinary shares of US$0.50 each ("HSBC shares"). On his appointment as a
Director of the Company Mr W F Aldinger had an interest in options over
13,136,925 HSBC shares, including options over 1,688,594 HSBC shares held by
Aldinger Investments, L.P. Aldinger Investments, L.P. also held 325,010 HSBC
shares, in which W F Aldinger had an interest. As part of a reorganisation of W
F Aldinger's interests in HSBC shares, on 16 May 2003 Aldinger Investments, L.P.
transferred its options over 1,688,594 HSBC shares to W F Aldinger and, on 10
June 2003, transferred 35,440 HSBC shares to the Exempt Trust under agreement
Aldinger 2000 Special Trust, in which W F Aldinger has a family interest. The
overall interests of W F Aldinger in HSBC shares (including shares under option)
is unchanged by this reorganisation of his share interests.


                      This information is provided by RNS
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