Household HSBC Watch

Until April of 2005 when he retired, Mr. Aldinger was the chairman and chief executive officer of HSBC North America Holdings Inc. and of HSBC Finance Corporation and Chairman of HSBC Bank USA, N.A. Prior to that Mr. Aldinger was chairman and chief executive officer of Household International. Household International was acquired by HSBC Holdings plc in March 2003. Prior to Household International, Mr. Aldinger was vice chairman, Wells Fargo Bank, with responsibility for the private banking, consumer credit and retail banking groups. Before joining Wells Fargo, Mr. Aldinger was with Citibank, New York (1975-1986) and US Trust Company, New York (1969-1975). Household - HSBC Watch monitored Aldinger since 1999.