Director/PDMR Shareholding

1

Name of the issuer

HSBC Holdings plc

2

Name of the person discharging managerial responsibilities or, where applicable, the name of the person connected with a person discharging managerial responsibilities

A A Flockhart, a person discharging managerial responsibilities

3

Description of shares (including class), debentures, derivatives or any other financial instruments relating to shares

US$0.50 ordinary shares

4

State the nature of the transactions

i) Acquisition / scrip dividend

ii) Acquisition / scrip dividend on conditional awards under the HSBC Share Plan

iii) Release of 246 shares representing the scrip dividend  for the 2008 fourth interim dividend on that element of  the total shareholder return part of the 2006 Performance Share award under the HSBC Share Plan that vested on 8 April 2009. The Trustees of the Plan sold 30 shares to meet the tax liability and transferred 216 shares to A A Flockhart as beneficial owner.

iv) Acquisition / scrip dividend

v) Disposal of a technical interest in one share in connection with adjustments to share plan awards arising from the Rights Issue.

5

Number of shares, derivatives or any other financial instruments relating to shares acquired

i)a) 2,697 b) 394

ii)a) 7,397, b) 5,646

iii)a) 246

6

Number of shares, derivatives or any other financial instruments relating to shares disposed

iii)b) 30

v) 1

7

Price per share or value of transaction

i)a), i) b), ii)a), ii b) and iii)a) US$5.6847 

iii)b) £5.07

v) Nil

8

Date and place of transactions

i) a), ii) a) and (b) and iii) a)and b) 6 May 2009, London

i) b)and ii)b) 6 May 2009, Hong Kong

9

Date issuer informed of transactions

11 May 2009

10

Total holding following notification

1,130,228

11

Name of duly authorised officer/official of issuer responsible for making notification 

Nicola Black, Assistant Group Company Secretary, 020 7991 2652

12

Date of notification

11 May 2009