09:09     DB-HSBC @EP0512<04826> - 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 Deutsche Bank AG will commence at 9:30 a.m. on Thursday, 21/04/2005    
    under the following particulars:-                                         
                                                                              
    Stock Code      Stock Short Name        Board Lot                         
    ----------      ----------------        ---------                         
    4826            DB-HSBC @EP0512         4,000 units