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

i), ii) and iii) S T Gulliver, a person discharging managerial responsibilities

iv) J Gulliver, a person connected with S T Gulliver (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 on conditional awards under the HSBC Share Plan

ii) Release of 410 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 235 shares to meet the tax liability and transferred 175 shares to S T Gulliver as beneficial owner.

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

iv) Acquisition / scrip dividend

5

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

i) 12,014

ii a) 410

iv) 10

6

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

ii b) 235

iii) 2

7

Price per share or value of transaction

i),ii a) and iv) US$5.6847

ii b) £5.07

iii) N/A

8

Date and place of transactions

6 May 2009, London

9

Date issuer informed of transactions

11 May 2009

10

Total holding following notification

4,369,928

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