HSBC Canada Asset Trust announces distribution

    VANCOUVER, June 5 /CNW/ -  HSBC Canada Asset Trust (HBH.M-TSX), an
affiliate of HSBC Bank Canada, has approved the distribution of C$38.90 per
unit on HSBC Canada Asset Trust Securities - Series 2010 and C$25.75 per unit
on HSBC Canada Asset Trust Securities - Series 2015 both due on 30 June 2009.

    HSBC Bank Canada, a subsidiary of HSBC Holdings plc, has more than 290
offices including over 140 bank branches and is the leading international bank
in Canada. With around 9,500 offices in 86 countries and territories and
assets of US$2,527 billion at 31 December 2008, the HSBC Group is one of the
world's largest banking and financial services organizations.

For further information:

For further information: Media enquiries to: Ernest Yee, (604) 641-2973;
Sharon Wilks, (416) 868-3878

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