Customer Notice

Dear Customer,

We thank you for your continued support of HSBC Bank (China) Company Limited (the "Bank"). Considering the Bank's business strategy under the current market situation and in compliance with the applicable CNY deposit interest rate related regulations promulgated by the People's Bank of China ("PBOC"), the Bank has decided to adjust its interest rates for CNY time deposits with tenures of 24 months and above with effect from 14 May 2009.

According to relevant regulations promulgated by the PBOC, financial institution can determine and adjust interest rates applicable to CNY deposits at its discretion, provided that the interest rates applied are not higher than the PBOC base rate for CNY deposits. Effective from 14 May 2009, the Bank will adjust the interest rates applicable to CNY time deposits with tenures of 24 months and above. The interest rates after adjustment will be displayed in the Bank's premises and on the Bank's website (http://www.hsbc.com.cn). We would like to remind you to check the Bank's prevailing deposit interest rates before placing any deposit with the Bank.

Subject to further adjustments, which may be made by the Bank at its discretion, the Bank will apply the following interest rate for CNY time deposits with tenures of 24 months and above with effect from 14 May 2009:

Interest Rate (% p.a.)

Currency	24-month Time Deposit	36-month Time Deposit	60-month Time Deposit
CNY	1	1.1	1.2

Please kindly note that these new interest rates will apply to new time deposit placed on or after 14 May 2009 but will not affect or have impact on any existing CNY time deposit during its current tenor.

Please kindly pay close attention to the maturity date of your existing CNY time deposits with tenures of 24 months and above. If you have placed any CNY time deposit with tenures of 24 months and above with the Bank before 14 May 2009 and have given a renewal instruction to renew such a deposit after maturity of its current tenor, please review the new interest rates provided above and consider whether to give us a new instruction to cancel or change your existing renewal instruction.

Should you have any questions, please contact your Relationship Manager or our service hotline on 800-820-8878 (for personal customers) or 400-882-6688 (for corporate customers).

Yours faithfully,