Press Release

HBSC Opens New Boca Mizner Branch

12 August 2003

HSBC Bank USA has opened the doors of its new retail branch at 101 North Federal Highway in East Boca, one block south of Mizner Park. The Boca Mizner branch includes a Premier banking office and also offers insurance, investment and mortgage services.

"South Florida is an important market for HSBC," said William Duesler, HSBC Bank USA Florida District Executive. "The Boca Mizner office is our ninth branch in the state and we look forward to growing our market share here. The response from the community has been very enthusiastic and our team is really enjoying serving our customers in this superb new setting."

The branch is located on the ground floor of a new seven-story facility and in several months, HSBC's domestic private banking unit will occupy offices on the fifth floor.

The branch will be open 9 am until 4 pm Monday through Friday and offers a 24 hour ATM and night drop, as well as a drive-thru facility.

Kelley Brown-Murro is the branch manager and may be reached at 561-953-1529.

HSBC Bank USA
BOCA MIZNER OFFICE
101 N. FEDERAL HIGHWAY
BOCA RATON, FL 33432
561-953-1529