Subsidiary company dividend

HSBC Holdings PLC
23 February 2006


The following text is the English translation of a news release issued in
Germany by HSBC Holdings plc's subsidiary.

23 February 2006

                          HSBC TRINKAUS & BURKHARDT KGaA
                                  2005 DIVIDEND

The Supervisory Board and Managing Partners of HSBC Trinkaus & Burkhardt decided
today to propose to the Annual General Meeting on 30 May 2006 the payment of a
dividend of €2.50 per share (previous year €2.25 per share). The decision by its
Supervisory Board and Managing Partners is based on the draft results for the
financial year ended 31 December 2005. HSBC Trinkaus & Burkhardt is
approximately 77.9 per cent indirectly owned by HSBC Holdings plc.





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