Holding(s) in Company

    RNS Number : 0038W
  HSBC European Absolute Limited
  04 June 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)

 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
                                                                             YES
 Other (please specify):  ACQUISITION OF THE BEAR STEARNS COMPANIES INC ON
 SATURDAY 31ST MAY 2007

 3. Full name of person(s) subject        JPMORGAN & CO 
 to notification obligation:
                                            BEAR STEARNS
 4. Full name of shareholder(s)            INTERNATIONAL
 (if different from 3):                  TRADING LIMITED
                                            02 JUNE 2008
 5. Date of transaction (and date
 on which the threshold is crossed
 or reached if different):
                                            04 JUNE 2008
 6. Date on which issuer notified:
                                                     13%
 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 code       transaction
                                 Number of shares      Number of voting      Number of shares    Number of voting rights       Percentage of
voting rights
                                                       rights

                                                                                                 Direct              Indirect  Direct       
      Indirect
                                             BELOW 5%              BELOW 5%           2,623,173           2,623,173         0          
2,623,173       8.90%
 GB00B0BHKX21(GBP LINE)                                                                                                                     
                
                                             BELOW 5%              BELOW 5%                                                                 
                
 GB00B0BHJV34 (EURO LINE)                                                             1,259,596           1,259,596         0          
1,259,596       4.27%



 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)




 Total (A+B)

 Number of voting rights  Percentage of voting rights
 3,882,769                                     13.17%



 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. 3,882,769 (13.17%)
 Holdings by controlled undertakings of JPMorgan Chase & Co. are as follows:
 Bear, Steams International Trading Limited: 3,882,769 (13.17%)

 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:        PERCENTAGE CALCULATED BY DIVIDING BY TOTAL
                                        NUMBER OF VOTING SHARES IE 29,476,078.
 14 Contact name:                                               MICHAEL KIRWAN

 15. Contact telephone name:                                     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
 
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