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Scrip dividend price

29th Mar 2006 11:24

HSBC Holdings PLC29 March 2006 HSBC HOLDINGS PLC FOURTH INTERIM DIVIDEND FOR 2005 SCRIP DIVIDEND ALTERNATIVE On 6 March 2006, the Directors of HSBC Holdings plc declared a fourth interimdividend for 2005 of US$0.31 per ordinary share payable on 11 May 2006 toshareholders on the Register on 24 March 2006. 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$16.8175 for each new share The "Market Value" is the United States dollar equivalent of £9.621 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 22 March 2006 (the day on which the shares were first quotedex-dividend). Dividends payable in cash in sterling or Hong Kong dollars on 11 May 2006 willbe converted from United States dollars at the forward exchange rates quoted byHSBC Bank plc in London at or about 11.00 am on 2 May 2006. These exchange rateswill be announced to the London, Hong Kong, New York, Paris and Bermuda stockexchanges. Particulars of the dividend arrangements will be mailed to shareholders on orabout 4 April 2006, and elections must be received by the Registrars by 27 April2006. R G Barber Group Company Secretary HSBC Holdings plc 29 March 2006 This information is provided by RNS The company news service from the London Stock Exchange

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HSBC Holdings
FTSE 100 Latest
Value8,791.80
Change-51.67