Holding(s) in Company

HSBC Holdings PLC
24 August 2006

NOTIFICATION OF MAJOR INTERESTS IN SHARES



Section 198 - Companies Act 1985



The Company was notified on 23 August 2006 that at the close of business on 21
August 2006 the interest of Lehman Brothers International (Europe) in the
ordinary share capital of US$0.50 each in HSBC Holdings plc, has fallen below
3%.



A copy of the letter of notification, is quoted below.



N S Black

Assistant Secretary

HSBC Holdings plc



Letter to HSBC Holdings plc dated 23 August 2006 from Tara O'Hagan, Compliance
Department - Europe, Lehman Brothers International (Europe)




"Dear Sir/Madam,



              S198 Companies Act 1985 (the"Act")



We write to inform you, pursuant to s198 of the Act, that as at the close of
business on 21st August 2006, the interest of Lehman Brothers International
(Europe) in the ordinary share capital of HSBC Holdings Plc (the "Company" had
fallen below 3%.


Yours faithfully

For & on behalf of Lehman Brothers











Tara O'Hagan

Compliance Department - Europe"








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