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UPDATED ON: Thursday, October 15, 2009

HSBC Bank Canada:

Michael Grandin,

From The Globe and Mail

HSBC Bank Canada is pleased to announce the following appointment:

Mr. Michael Grandin was formerly Chairman and Chief Executive Officer of Fording Canadian Coal Trust and Fording Inc. in Calgary, Alberta.

He has served as Dean of the Haskayne School of Business at the University of Calgary, President of PanCanadian Petroleum Ltd. and Chief Financial Officer of Canadian Pacific Limited.

Mr. Grandin is on the Board of Directors of EnCana Corporation.

Mr. Grandin holds a Master of Business Administration degree from Harvard University and a Bachelor of Science (Civil Engineering) degree from the University of Alberta.

HSBC Bank Canada, a subsidiary of HSBC Holdings plc, has more than 260 offices, including over 140 bank branches, and is the leading international bank in Canada. With around 8,500 offices in 86 countries and territories and assets of US$2,422 billion at 30 June 2009, the HSBC Group is one of the world’s largest banking and financial services organizations.


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