REG-HSBC Finance Corp. FRN Variable Rate Fix

LONDON--(Business Wire)--

13 July 2009

Issue: HSBC Finance Corporation

Series 118

XS0217180099

Pursuant to our appointment as Agent for the above stated issue, please be

advised of the following interest rate determination:

Date From: 15 July 2009

Date To: 17 August 2009

Value Date: 17 August 2009

Benchmark Rate: 0.28813%

Margin: 0.47%

Total Rate: 0.75813%

Number of Days: 33

Day Count: Actual / 360

Interest Frequency: Monthly

Total Amount Due:

USD 173,738.13

Pool Factor: 1

HSBC Finance Corp.

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