Director Shareholding-Replace

HSBC Holdings PLC
03 January 2003



The following replaces the Director Shareholding announcement released on 27
December 2002 at 07:05hrs under RNS: 5847F.

Under section 15, the total holding following this notification should read
657,253 and not 657,239.

All other details remain unchanged. The full amended version appears below.



                                  SCHEDULE 11

          NOTIFICATION OF INTERESTS OF DIRECTORS AND CONNECTED PERSONS

1) Name of company

HSBC Holdings plc

2) Name of director

Sir John Bond

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

In respect of the Director and spouse


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

Turnsonic Nominees Limited 7,457
HSBC Nominees (Hong Kong) Limited 62,831
Abacus Corporate Trustees Limited 382,903
Computershare Trustees Limited Account SIP 199
Sir John Bond 203,863


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

As in 3) above

6) Please state the nature of the transaction. For PEP transactions
please indicate whether general/single co PEP and if discretionary/non
discretionary

Acquisition / reinvestment of tax credit on Personal Equity Plan holdings
(non-discretionary)


7) Number of shares/amount of stock acquired

14 (7 - Sir J R H Bond and 7 Lady E C Bond)

8) Percentage of issued class

De minimis

9) Number of shares/amount of stock disposed


10) Percentage of issued class


11) Class of security

Ordinary shares of US$0.50 each.

12) Price per share

£6.9595


13) Date of transaction

23 December 2002


14) Date company informed

24 December 2002

15) Total holding following this notification

657,253

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

Robert Musgrove, Assistant Secretary 020 7992 1504


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

As in 24) above


Date of Notification 24 December 2002


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

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