23 Aug 2006 11:00
HSBC Holdings PLC23 August 2006 HSBC HOLDINGS PLC SECOND INTERIM DIVIDEND FOR 2006 SCRIP DIVIDEND ALTERNATIVE On 31 July 2006, the Directors of HSBC Holdings plc declared a second interimdividend for 2006 of US$0.15 per ordinary share payable on 4 October 2006 toshareholders on the Register on 18 August 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$17.9844 for each new share The 'Market Value' is the United States dollar equivalent of £9.51 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 16 August 2006 (the day on which the shares were first quotedex-dividend). Dividends payable in cash in sterling or Hong Kong dollars on 4 October 2006will be converted from United States dollars at the forward exchange ratesquoted by HSBC Bank plc in London at or about 11.00 am on 25 September 2006.These exchange rates will be announced to the London, Hong Kong, New York, Parisand Bermuda stock exchanges. Particulars of the dividend arrangements will be mailed to shareholders on orabout 30 August 2006, and elections must be received by the Registrars by 20September 2006. R G BarberGroup Company SecretaryHSBC Holdings plc 23 August 2006 This information is provided by RNS The company news service from the London Stock Exchange