HSBC CANADA ASSET TRUST ANNOUNCES DISTRIBUTION

VANCOUVER, Dec. 6 /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 31 December 2010.

HSBC Bank Canada, a subsidiary of HSBC Holdings plc, has more than 260 offices, including over 140 bank branches, and is the leading international bank in Canada.  With around 8,000 offices in 87 countries and territories and assets of US$2,418 billion at 30 June 2010, the HSBC Group is one of the world's largest banking and financial services organizations.

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