28th Mar 2008 11:00
HSBC Holdings PLC28 March 2008 HSBC HOLDINGS PLC FOURTH INTERIM DIVIDEND FOR 2007 SCRIP DIVIDEND ALTERNATIVE On 3 March 2008, the Directors of HSBC Holdings plc declared a fourth interimdividend for 2007 of US$0.39 per ordinary share payable on 7 May 2008 toshareholders on the Register on 25 March 2008. 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$16.4022 for each new share The "Market Value" is the United States dollar equivalent of £8.132 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 19 March 2008 (the day on which the shares were first quotedex-dividend). Dividends payable in cash in sterling or Hong Kong dollars on 7 May 2008 will beconverted from United States dollars at the forward exchange rates quoted byHSBC Bank plc in London at or about 11.00 am on 28 April 2008. 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 3 April 2008, and elections must be received by the Registrars by 24 April2008. R G BarberGroup Company SecretaryHSBC Holdings plc This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
HSBC Holdings