RNS Number : 2429C
  HSBC European Absolute Limited
  28 August 2008
   


 For filings with the FSA include the annex
 For filings with issuer exclude the annex 

 TR-1: Notifications of Major Interests in Shares

 1. Identity of the issuer or the underlying           HSBC EUROPEAN
 issuer of existing shares to which voting          ABSOLUTE LIMITED
 rights are attached:


 2. Reason for notification (yes/no)
                                                                             YES
 An acquisition or disposal of voting rights

 An acquisition or disposal of financial instruments which may result in
 the acquisition of shares already issued to which voting rights are
 attached 

 An event changing the breakdown of voting rights

 Other (please specify):______________

 3. Full name of person(s) subject  JPMORGAN CHASE & CO 
 to notification obligation:
                                            BEAR STEARNS
 4. Full name of shareholder(s)            INTERNATIONAL
 (if different from 3):                  TRADING LIMITED
                                          26 AUGUST 2008
 5. Date of transaction (and date
 on which the threshold is crossed
 or reached if different):
                                          28 AUGUST 2008
 6. Date on which issuer notified:
                                           13% DOWNWARDS
 7. Threshold(s) that is/are
 crossed or reached:


 8: Notified Details
 A: Voting rights attached to shares

 Class/type of shares  Situation previous to the triggering        Resulting situation after the triggering transaction
 If possible use ISIN  transaction
 code
                       Number of shares      Number of voting      Number of shares  Number of voting       Percentage of voting
                                             rights                                  rights                 rights

                                                                                     Direct  Indirect       Direct        Indirect

                                  2,623,173             2,623,173                 0       0                        0.00%     0.00%
 GB00BOBHKX21                                                                                            0
 (GBP LINE)
                                  1,259,596             1,259,596                 0       0                        0.00%     0.00%
 GB00BOBHJV34                                                                                            0
 (GBP LINE)
  



 B: Financial Instruments

 Resulting situation after the triggering transaction

 Type of financial instrument  Expiration date  Exercise/ conversion  No. of voting rights  Percentage of voting
                                                period/date           that may be acquired  rights
                                                                      (if the instrument
                                                                      exercised/converted)
 N/A



 Total (A+B)

 Number of voting rights  Percentage of voting rights
 0                                                 0%



 9. Chain of controlled undertakings through which the voting rights and /or
 the financial instruments are effectively held, if applicable:
 TOTAL DISCLOSABLE HOLDING FOR JPMORGAN CHASE & CO.: 0 (0.00%)

 Proxy Voting:

 10. Name of proxy holder:                                         N/A

 11. Number of voting rights proxy holder will cease to hold:      N/A

 12. Date on which proxy holder will cease to hold voting rights:  N/A


 13. Additional information:    PLEASE NOTE THE GROUP HAS OTHER HOLDINGS WHICH
                                                    ARE COVERED BY EXEMPTIONS.
 14 Contact name:                                               MICHAEL KIRWAN

 15. Contact telephone number:                                   020 7325 1413


    For notes on how to complete form TR-1 please see the FSA website. 

This information is provided by RNS
The company news service from the London Stock Exchange
 
  END 
 
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