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

B Robertson, 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

In respect of the earnings per share, economic profit and total shareholder return parts of the 2008 Performance Share award made to B Robertson under the HSBC Share Plan:

(i) 112,915 shares have been forfeited; and

(ii) The Trustee has released and subsequently sold 30,559 ordinary shares following partial vesting of the total shareholder return part of the award.

5

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

N/A

6

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

(i) 112,915

(ii) 30,559

7

Price per share or value of transaction

(i) N/A

(ii) £6.4933

8

Date and place of transactions

4 April 2011, London

9

Date issuer informed of transactions

5 April 2011

10

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

Louisa Jenkinson, Senior Assistant Secretary, 020 7991 0593

11

Date of notification

6 April 2011