HSBC Premium Deposit - Emission sold out

Information for existing clients

HSBC Premium Deposit that HSBC Bank plc offered from 16.2. – 31.3.2009 is a structured deposit that combines interest rate of 7% p.a.* with participation in growth of the DJ Euro Stoxx 50 Index and the 100% guarantee of return of the deposit.

Advantages:

• Interest rate of 7% p. a. of a half of the invested amount after 1 year
• 100% guarantee of return for the invested deposit at the deposit maturity
• The possibility to participate in the growth of the European companies from the DJ Euro Stoxx 50 Index
• Quarterly averaging of the DJ Euro Stoxx 50 Index

Product structure:

Interest part:

50% of the deposit with the interest rate of 7% with a 12-month term can provide you with an attractive guaranteed interest rate of 7% p. a. during the first year. The interest rate will be credited to the account indicated by you after the first year together with the half of your invested amount.
Interest part lasts for 1 year, from 6 April 2009 until 6 April 2010.

Income part:

50% of the deposit with the possible income from the DJ Euro Stoxx 50 Index provides a income at maturity that is connected with the index growth (with 50% participation in quarterly averaging throughout the whole 5-year investment period). If this index drops or remains at the same level during the stated period, there will be no income credited at the maturity. However no loss will arise either since there is a 100% deposit return guarantee on the whole product even in the case of unfavorable development on the financial market.
This income part lasts for 5 years, from 6 April 2009 until 7 April 2014.

Important information:

Stock risk is a market risk of an index performance. In case of unfavorable performance the client gains the whole deposit back when keeping the deposit duration, however income is not guaranteed. The interest rate of 7% p. a. from the half of the deposit after one year is always guaranteed.

The risk of an early withdrawal: in case of an early termination from client this will follow the current market situation whereby it is not possible to set the exact conditions of the early termination in advance. It is however possible that the early termination of the HSBC Premium Deposit might be unprofitable for the client and in such a case the bank cannot guarantee full return of the deposit. Other details about the early termination of the deposit are listed in the product information brochure.

The bank provides this offer in a limited amount that can not be grossed up. In case that this volume is drawn by other clients who invested earlier, the bank has the right to refuse the applications which come after.