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HSBC Holdings plc Overseas Regulatory Announcement

The attached announcement has been released to the other stock exchanges on which HSBC Holdings plc is listed.
The Board of Directors of HSBC Holdings plc as at the date of this announcement are: D J F l i n t , S T G u l l i v e r , S A C a t z † , L M L C h a † , M K T C h e u n g † , J D C o o m b e † , S i r J o n at ha n E v an s † , J F a b er † , R A F a i rh e a d † , R F a s s b i n d† , J W J H u g h e s - Halle tt † , W S H Laidlaw† , J P Lipsky† , J R Lomax† , I J Mackay, M M Moses and Sir Simon Robertson† .

† Independent non-executive Director

Hong Kong Stock Code: 5

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29 January 2014

HSBC BANK OMAN S.A.O.G. DRAFT AUDITED RESULTS FOR THE YEAR ENDED 31 DECEMBER 2013

HSBC Bank Oman S.A.O.G. ('HBON') announces that at the Board of Directors' (the
'Board') meeting held on Tuesday, 28 January 2014, the Board approved HBON's
draft audited annual financial results for the year ended 31 December 2013.
 Net interest income was up by 20.0% to RO48.1m (compared to RO40.1m for the year ended 31 December 2012).
 Total other operating income improved by 0.5% to RO20.6m (compared to
RO20.5m for the year ended 31 December 2012).
 A net recovery of RO2.2m has been reported for loan impairment charges (compared to a net charge of RO4.6m for the year ended 31 December 2012). This is due to recoveries from corporate clients and a general provision release due to a reduction in corporate loans and advances in 2013.
 Operating expenses increased by 18.7% to RO57.8m (compared to RO48.7m for the year ended 31 December 2012) reflecting the running costs of the merged bank.
 Net profit was up by 87.9% to RO10.9m (compared to RO5.8m for the year ended 31 December 2012).
 Loans and advances, net of provisions and reserved interest, decreased by
17.9% to RO980.5m (compared to RO1,194.4m for the year ended
31 December 2012). In addition, customer deposits decreased by 3.2% to
RO1,792.7m (compared to RO1,851.6m for the year ended 31 December 2012).
 HBON's capital adequacy ratio increased to 20.2% at 31 December 2013 (compared to 16.0% for the year ended 31 December 2012), representing a strong capital base for future growth.
 Earnings per share were RO0.005 (compared to RO0.004 for the year ended
31 December 2012).
 The Board of Directors proposes a cash dividend of RO0.0038 per share (nominal value per share of RO0.100) amounting to RO7.6m for the full year 2013.
The draft audited annual financial results and proposed cash dividends for the year ended 31 December 2013 are subject to the approval of the Central Bank of Oman and the shareholders of the bank.

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Registered Office and Group Head Office:

8 Canada Square, London E14 5HQ, United Kingdom

Web: www.hsbc.com

Incorporated in England with limited liability. Registered number 617987

HSBC Bank Oman S.A.O.G. Draft Audited Results For The Year Ended 31 December 2013/2

As the merger which created HBON in June 2012 was accounted for as a reverse acquisition under International Financial Reporting Standard 3 ('IFRS 3') 'Business Combinations', the comparative information in HBON's financial results for the year ended 31 December 2013 is comprised of financial results of HSBC Bank Middle East Limited, Oman branches, for 12 months ended 31 December 2012 and financial

results of Oman International Bank S.A.O.G for seven months ended

31 December 2012.

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Media enquiries to Heidi Ashley on +44 20 7992 2045. Notes to editors: 1. HSBC in Oman

HSBC in Oman is represented by HSBC Bank Oman S.A.O.G. which was formed in June 2012 after

Oman International Bank S.A.O.G. merged with HSBC Bank Middle East Ltd.'s operations in Oman. HSBC Holdings plc owns 51% of the combined entity through its indirect wholly owned subsidiary HSBC Bank Middle East Ltd. Today, HSBC Bank Oman is the second largest local Omani bank in terms of branch network and the largest internationally connected financial institution in the Sultanate.

2. The HSBC Group

HSBC Holdings plc, the parent company of the HSBC Group, is headquartered in London. The Group

serves customers worldwide from around 6,600 offices in 80 countries and territories in Europe, the Asia-Pacific region, North and Latin America, and the Middle East and North Africa. With assets of US$2,723bn at 30 September 2013, the HSBC Group is one of the world's largest banking and financial services organisations.

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