Egybt Hydrocarbon Corporation to build new petrochemical facility in Egypt with financial advice from HSBC

Notes and media contacts

HSBC Holdings plc:

HSBC Holdings plc, the parent company of the HSBC Group, is headquartered in London. The Group serves customers worldwide from more than 9,500 offices in 85 countries and territories in Europe, the Asia-Pacific region, the Americas, the Middle East and Africa. With assets of $2,547bn at 30 June 2008, HSBC is one of the world's largest banking and financial services organisations. HSBC is marketed worldwide as 'the world's local bank'.

HSBC Global Banking and Markets

HSBC Global Banking and Markets is an emerging markets-led and financing-focused business that provides tailored financial solutions to major government, corporate and institutional clients worldwide. Global Banking and Markets has offices in more than 60 countries and territories. Managed as a global business, HSBC offers clients geographic reach and deep local knowledge. For more information on Global Banking and Markets, please visit www.hsbcnet.com

HSBC Project and Export Finance

HSBC Project and Export Finance is part of HSBC Global Banking and Markets and utilises HSBC's global foot print to advise on and arrange project and export finance transactions worldwide.
Global Advisor of the Year 2007- Infrastructure Journal
Global Advisor of the Year 2007 - Thomson PFI
Asia - Pacific Advisor of the Deal of the Year 2007 -Thomson PFI
Best Project Finance House in Asia 2007 and 2008 - Euromoney
Best Project Finance - Asia Asset Awards

HSBC Bank Egypt SAE

Today HSBC Egypt offers a broad range of banking and financial services tailored to meet a wide spectrum of needs, from those of multinational corporations to local businesses and individual Egyptians, including personal financial services, corporate, commercial banking, investment banking, treasury capital markets and project finance. HSBC Bank Egypt is one of the largest multinational banks operating in Egypt providing a comprehensive range of banking and related financial services through a network of 56 Branches, 12 Units and 190 ATMs in Cairo, 6th of October City, Giza, Alexandria, Sharm El Sheikh, Hurghada, Luxor, Marsa Matrouh, El Mansoura, Abo Redees and Port Said.
The information given above is of a general nature and does not constitute an invitation or inducement to deal in the securities of any of the parties contained above, nor is it an indication of the potential future performance of the same securities. Nothing contained within this News Release is to be construed as advice, research or any other basis upon which to make investment decisions. Whilst every effort has been made to verify the information above, HSBC Bank plc accept no liability for any losses arising from any persons acting on this information.

For further information, please contact:

Tim HARRISON
Head of Corporate Communications and Marketing, Middle East
Global Banking and Markets
HSBC Bank Middle East Ltd, DIFC Branch, Precinct Building 4, Level 4
The Gate District, PO Box 506553, Dubai, UAE, Regulated by the DFSA.
Tel +971-4-5093389
Fax +971 4 5093570