Listing Particulars

HSBC Hldgs PLC
1 June 2000

FORMAL NOTICE FOR SPECIALIST SECURITIES

PUBLICATION DATE:      1 June 2000


Application has been made to the UK Listing Authority for the following
securities to be admitted to the Official List.

______________________________________________________________________________

DETAILS OF ISSUE:          US$1.35 billion 9.547% Subordinated Step-Up
                           Cumulative Notes due 2040 (Series A); 
                           
                           US$900 million 10.176% Subordinated Step-Up
                           Cumulative Notes due 2040 (Series B); 
                           
                           Euro 600 million 8.03% Subordinated Step-Up
                           Cumulative Notes due 2040; and 
                           
                           £500 million 8.208% Subordinated Step-Up
                           Cumulative Notes due 2040
                           

ISSUER:                    HSBC Holdings PLC


INCORPORATED IN:           England


GUARANTOR:                 N/A

INCORPORATED IN:           N/A   



Particulars relating to the issue may be obtained during usual business hours
for fourteen days from the date of this formal notice from:


HSBC Holdings PLC
10 Lower Thames Street
London EC3R 6AE


HSBC Bank PLC
Mariner House
Pepys Street
London E3N 4PA



In addition, a copy of the Particulars is available for inspection at the
Document Viewing Facility at the Financial Services Authority, 25 The North
Colonnade, London E14 5HS.