Holding(s) in Company

    RNS Number : 6580V
  HSBC European Absolute Limited
  30 May 2008
   

    
TR-1:   notification of major interests in shares 

 1. Identity of the issuer or
 the underlying issuer of        HSBC European Absolute   Limited (Euro Line)
 existing shares to which
 voting rights are attached
 2. Reason for the notification     (please tick the
 appropriate box or boxes)
 An acquisition or disposal of voting rights                         X
 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)         Bear, Stearns International Trading Limited   
 subject to the notification
 obligation:
 4. Full name of shareholder(s)                             
 (if different from 3.):
 5. Date of the transaction                            N/A   
 (and date on which the
 threshold is crossed or
 reached if different:
 6. Date on which issuer                             30/05/08   
 notified:
 7. Threshold(s) that is/are                         Over 6%   
 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 using     transaction 
 the ISIN CODE
                        Number of Shares      Number of Voting      Number of shares   Number of voting      % of voting
                                              Rights                                   rights                rights
                                                                    Direct             Direct     Indirect   Direct   Indirect
                                                                                                                         
 GB00B0BHJV34                        Over 6%               Over 6%          1,059,596  1,059,596             6.00%


 B: Financial Instruments
 Resulting situation after the triggering transaction 
 Type of financial instrument   Expiration date   Exercise/ Conversion  Number of voting      % of voting rights
                                                  Period/ Date          rights that may be
                                                                        acquired if the
                                                                        instrument is
                                                                        exercised/
                                                                        converted. 
                                                                                                 

 Total (A+B)
 Number of voting rights  % of voting rights
                             
    1,059,596                6.00%






 9. Chain of controlled undertakings through which the voting rights and/or
 the financial instruments are effectively held, if applicable:


 Proxy Voting:
 10. Name of the proxy holder:                                        
 11. Number of voting rights proxy holder will cease to hold:         
 12. Date on which proxy holder will cease to hold voting rights:     


 13. Additional information:       
 14. Contact name:                 Robin Greenwood
 15. Contact telephone number:    020 7516 6625
    Annex Notification Of Major Interests In Shares
 A: Identity of the person or legal entity subject to the notification obligation
 Full name (including legal form for legal entities)      Bear, Stearns International
                                                               Trading Limited   
 Contact address (registered office for legal entities)     One Canada Square, London 

                                                           E14 5AD  
 Phone number                                               020 7516 6625
 Other useful information (at least legal                   
 representative for legal persons)
    
 
 B:     Identity of the notifier, if applicable
 Full name                                                                            
 Contact address                                                                      
 Phone number                                                                         
 Other useful information (e.g. functional relationship with the person or legal      
 entity subject to the notification obligation)
    
 
 C:    Additional information


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