REG-HSBC France FRN Variable Rate Fix

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Tue May 20, 2008 12:42pm EDT 

LONDON--(Business Wire)--

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Fixing Date                          ¦ 19/05/2008

Issue                                ¦ HSBC France
                                        Series n/a

ISIN                                 ¦ xs0318020756

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

Date from                            ¦ 19/05/2008
Date to                              ¦ 19/08/2008
Total Rate                           ¦ 4.9%
Day count/Day Basis                  ¦ Act/360
Denomination                         ¦ EUR 50,000.00
Nominal Amount                       ¦ EUR 265,000,000.00
Coupon Amount                        ¦ EUR 3,318,388.89
Pool factor                          ¦ 1
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HSBC France

Copyright Business Wire 2008
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