09:06     KC-HSBC @EP0510<04785> - New Listing                                

    Market participants are requested to note that dealings in the 2005       
    European Style (Cash Settled) Put Warrants relating to existing issued    
    ordinary shares of US$0.50 each of HSBC Holdings plc issued by KBC        
    Financial Products International Ltd. will commence at 9:30 a.m.          
    today (08/04/2005) under the following particulars:-                      
                                                                              
    Stock Code      Stock Short Name        Board Lot                         
    ----------      ----------------        ---------                         
    4785            KC-HSBC @EP0510         4,000 units