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HSBC USA Inc. Declares Dividends

12 May 2009

HSBC USA Inc. announced that its board of directors declared the regular quarterly cash dividend on the company's preferred stock.

New York, NY (May 12, 2009) – HSBC USA Inc. announced today that its board of directors declared the regular quarterly cash dividend on the company’s preferred stock as follows, each such dividend payable on July 1, 2009 to stockholders of record on June 15, 2009:

Series Dividend
6.50% Non-Cumulative Preferred Stock, Series H $16.25 per share (equivalent to 40.625 cents per Depositary Share)
Floating Rate Non-Cumulative Preferred Stock, Series G $10.111120 per share (equivalent to 25.2778 cents per Depositary Share)
Floating Rate Non-Cumulative Preferred Stock, Series F $0.221181 (22.1181 cents) per share
Adjustable Rate Cumulative Preferred Stock, Series D $1.125 per share (equivalent to 28.125 cents per Depositary Share)
$2.8575 Cumulative Preferred Stock $0.714375 (71.4375 cents) per share

About HSBC USA Inc.

HSBC USA Inc. and its subsidiaries including HSBC Bank USA N.A. (collectively, HUSI) offers a full-range of banking products and services to individuals, corporations, small businesses, institutions and governments.

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