09:08     CA-HSBC @EC0512<04766> - New Listing                                

    Market participants are requested to note that dealings in the 2005       
    European Style (Cash Settlement) Call Warrants relating to existing       
    issued ordinary shares of US$0.50 each in HSBC Holdings plc issued        
    by Calyon Financial Products (Guernsey) Limited will commence at          
    9:30 a.m. on Wednesday, 06/04/2005 under the following particulars:-      
                                                                              
    Stock Code      Stock Short Name        Board Lot                         
    ----------      ----------------        ---------                         
    4766            CA-HSBC @EC0512         4,000 units