23rd Mar 2005 09:43
HSBC Holdings PLC23 March 2005 HSBC HOLDINGS PLC FOURTH INTERIM DIVIDEND FOR 2004 SCRIP DIVIDEND ALTERNATIVE On 28 February 2005, the Directors of HSBC Holdings plc declared a fourthinterim dividend for 2004 of US$0.27 per ordinary share payable on 4 May 2005 toshareholders on the Register on 18 March 2005. The dividend is payable in cashin United States dollars, sterling or Hong Kong dollars, or a combination ofthese currencies, with a scrip dividend alternative. The "Market Value" for theissue of new shares under the scrip dividend alternative is: US$15.8923 for each new share The "Market Value" is the United States dollar equivalent of £8.371, being theaverage of the middle market quotations for the ordinary shares on the LondonStock Exchange as derived from the Daily Official List for the five businessdays beginning on 16 March 2005 (the day on which the shares were first quotedex-dividend). Dividends payable in cash in sterling or Hong Kong dollars on 4 May 2005 will beconverted from United States dollars at the forward exchange rates quoted byHSBC Bank plc in London at or about 11.00 am on 25 April 2005. These exchangerates will be announced to the London, Hong Kong, New York, Paris and Bermudastock exchanges. Particulars of the dividend arrangements will be mailed to shareholders on orabout 31 March 2005, and elections must be received by the Registrars by 21April 2005. P A Stafford Assistant Group Secretary HSBC Holdings plc 23 March 2005 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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