REG-HSBC Bank PLC FRN Variable Rate Fix

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Tue May 20, 2008 8:47am EDT

LONDON--(Business Wire)--

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Fixing Date                          ¦ 19/05/2008

Issue                                ¦ HSBC Finance Corporation
                                        Series 81

ISIN                                 ¦ xs0189720187

Pursuant to our appointment as Agent for the above stated issue,
please be advised of the following interest rate determination:

Date from                            ¦ 14/05/2008
Date to                              ¦ 16/06/2008
Total Rate                           ¦ 3.22938%
Day count/Day Basis                  ¦ Act/360
Denomination                         ¦ USD n/a
Nominal Amount                       ¦ USD 1,000,000,000.00
Coupon Amount                        ¦ USD 2,960,265.00
Pool factor                          ¦ 1
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HSBC Bank PLC

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