HSBC Floating Rate Non Cumulative Preferred Stock

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S&P Rating   BBB+   Moodys Rating   Baa2

Security Ticker Symbol   HUSI-F


Market Traded ON   NYSE

Dividend Payment Paid on the 1st of January, April, July and October beginning on 07/01/2005

Quarterly Dividend   .219   Annual Dividend   .875

Dividend will be .75% plus 3 Month Libor or a minimum of 3.5%

Securities may be redeemed, at the issuers option, as early as 04/07/2010 for a redemption price of $25/share plus accrued dividends


Dividend Payment Likely Will be a Qualified Distributions

Maturity Date   None


Company Investor Relations Page for HSBC

Below you can find the offering Prospectus and Final Pricing Document

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