Director Shareholding

HSBC Hldgs PLC
7 March 2001

                       DEALINGS BY DIRECTORS


1)  NAME OF COMPANY

HSBC HOLDINGS PLC


2)  NAME OF DIRECTOR

Dr H SOHMEN


3)  Please state whether notification indicates that it is in respect of
    holding of the Director named in 2 above or holding of that person's spouse 
    or children under the age of 18 or in respect of a non-beneficial interest

IN RESPECT OF A CORPORATE INTEREST OF THE DIRECTOR

4)  Name of the registered holder(s) and, if more than one holder, the
    number of shares held by each of them. (If notified)

HKSCC NOMINEES LTD                      20,000
HSBC NOMINEES (HONG KONG) LIMITED    2,255,190
DB NOMINEES (SINGAPORE) PTE LTD        529,954


5)  Please state whether notification relates to a person(s) connected
    with the Director named in 2 above and identify the connected person(s)

CORPORATE INTEREST - TAURO COMPANY LIMITED


6)  Please state the nature of the transaction and the nature and extent
    of the Director's interest in the transaction

ACQUISITION - CORPORATE INTEREST


7)  Number of shares/amount of
    stock acquired

24,000


8)   (DE MINIMIS %)
    of issued Class



9)  Number of shares/amount
    of stock disposed



10)  (     %)
    of issued Class


11) Class of security

US$0.50 ORDINARY SHARES



12) Price per share

HK$102.50


13) Date of transaction

7 MARCH 2001 


14) Date company informed

7 MARCH 2001


15) Total holding following this notification

2,805,144 ORDINARY SHARES OF US$0.50 EACH


16) Total percentage holding of issued class following this notification

DE MINIMIS


     IF A DIRECTOR HAS BEEN GRANTED OPTIONS BY THE COMPANY PLEASE
                    COMPLETE THE FOLLOWING BOXES

17) Date of grant



18) Period during which or date on which exercisable



19) Total amount paid (if any) for grant of the option



20) Description of shares or debentures involved: class, number.



21) Exercise price (if fixed at time of grant) or indication that price
    is to be fixed at time of exercise



22) Total number of shares or debentures over which options held
    following this notification



23) Any additional information



24) Name of contact and telephone number for queries

E A  HOBLEY, ASSISTANT SECRETARY 020 7260 3272


25) Name and signature of authorised company official responsible for
    making this notification

   Date of Notification                     7 MARCH 2001