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 Almeida, 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 transaction

A - Release of 2006 and 2007 Restricted Share awards under the HSBC Share Plan:

14,214 and 21,117 shares were released under the 2006 and 2007 Restricted Share awards respectively;

the trustees of the Plan sold 5,827 and 8,657 shares respectively to meet the tax liability; and

transferred a total of 20,847 shares into the name of A Almeida.

B - Acquisition of an interest arising from an Award of Restricted Shares under the HSBC Share Plan.

5

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

A (iii) - Transfer of 20,847 shares by the trustees to A Almeida following the release of the 2006 and 2007 Restricted Share awards under the HSBC Share Plan.

B - 182,675

6

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

A (ii) - 14,484

7

Price per share or value of transaction

A (ii) - £4.02120037

B - Nil

8

Date and place of transaction

2 March 2009, London

9

Date issuer informed of transaction

5 March 2009

10

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

Nicola Black, Assistant Group Company Secretary, 020 7991 2652

11

Date of notification

5 March 2009