Holding(s) in Company

HSBC Holdings PLC
23 March 2005

NOTIFICATION OF MAJOR INTERESTS IN SHARES

Section 198 - Companies Act 1985

The Company was notified today by Cater Allen International Limited that, as at
22 March 2005, Cater Allen International Limited no longer has a reportable
interest in the share capital of HSBC Holdings plc.

A copy of the letter of notification is quoted below.

P A Stafford

Assistant Group Secretary

HSBC Holdings plc



Letter to HSBC Holdings plc dated 22 March 2005 from Kevin Whittern, Compliance
Officer, Cater Allen International Limited



"Dear Sir,

Notification of Interest in Shares pursuant to Part VI of the Companies Act 1985
(as amended)

In accordance with Part VI of the Companies Act 1985 (as amended), please note
that as of today Cater Allen International Limited (CAIL) no longer has a
reportable interest in the ordinary shares of HSBC Holdings Plc.



Yours faithfully,

Kevin Whittern

Compliance Manager

Cater Allen International Limited"


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