FORM 2 - Corporate Substantial Shareholder Notice
 
Form Serial No: CS20080306000106
1. Name of listed corporation: Hong Kong Exchanges and Clearing Ltd. 
2. Stock code: 00388
3. Class of shares: Common Shares 
4. Number of issued shares in class: 1,070,944,846
5. Name of substantial shareholder: Deutsche Bank Aktiengesellschaft 
6. Registered office: Theodor-Heuss-Allee 70, 60468 Frankfurt am Main, Germany
7. Principal place of business in Hong Kong: Deutsche Bank AG, Hong Kong55/F Cheung Kong Center, 2 Queen's Road, Central, Hong Kong 
13. Exchange on which listed: Deutsche Boerse and New York Stock Exchange
14. Name of listed parent and exchange on which parent is listed:  
15. Date of relevant event: 28/02/2008
(dd/mm/yyyy)
16. Date when the substantial shareholder became aware of the relevant event/ interest in the shares (if later): 03/03/2008
(dd/mm/yyyy)
17. Details of relevant event:
  Relevant event code describing circumstances Code describing capacity in which shares were/are held Number of shares bought/sold or involved Currency of transaction On Exchange Off Exchange
Before relevant event After relevant event Highest price per share Average price per share Average consideration per share Consideration code
Long position HKD
Short position  113  203    2,691,316           
18. Total shares immediately before the relevant event:
 Total number of sharesPercentage figure (%)
Long Position56,283,4465.26
Short Position54,616,2125.10
19. Total shares immediately after the relevant event:
 Total number of sharesPercentage figure (%)
Long Position54,106,0435.05
Short Position51,759,2604.83
20. Capacity in which interests disclosed in Box 19 are held:
Code describing capacityNumber of shares
201
Long position46,312,440
Short position51,154,760
202
Long position4,208,775
Short position5,000
203
Long position3,584,828
Short position599,500

21. Further information in respect of derivative interests:
Code describing derivativesNumber of shares
401
Long position25,294,000
Short position35,206,000
404
Long position11,752,220
Short position13,002,945
22. Further information in relation to interests of corporations controlled by substantial shareholder:
Name of controlled corporationAddress and place of incorporationName of controlling shareholder% controlDirect interestNumber of shares
DB Capital Markets (Deutschland) GmbHTheodor-Heuss-Allee 70, 60486 Frankfurt am MainDeutsche Bank Aktiengesellschaft100.00N
Long position4,208,775
Short position5,000
DWS Holding & Service GmbHMainzer Landstr. 178-190, 60327 FrankfurtDeutsche Bank Aktiengesellschaft100.00N
Long position4,208,775
Short position5,000
DWS (Austria) Investmentgesellschaft mbHHohenstaufengasse 4, Vienna 1010, AustriaDeutsche Bank Aktiengesellschaft100.00Y
Long position19,000
DWS Investment GmbHMainzer Landstr. 178-190, 60327 FrankfurtDeutsche Bank Aktiengesellschaft100.00Y
Long position2,650,000
Short position5,000
DWS Investment GmbHMainzer Landstr. 178-190, 60327 FrankfurtDeutsche Bank Aktiengesellschaft100.00N
Long position4,208,775
Short position5,000
Deutsche Bank Luxembourg S.A.2, Boulevard Konrad Adenauer, Luxembourg 1115Deutsche Bank Aktiengesellschaft100.00N
Long position4,208,775
Short position5,000
DWS Investment S.A., Luxemburg2, Boulevard Konrad Adenauer, Luxembourg 1115Deutsche Bank Aktiengesellschaft100.00Y
Long position330,000
Deutsche Asset Management International GmbHMainzer Landstr. 178-190, 60327 FrankfurtDeutsche Bank Aktiengesellschaft100.00Y
Long position157,500
Deutsche Asset Management International GmbHMainzer Landstr. 178-190, 60327 FrankfurtDeutsche Bank Aktiengesellschaft100.00N
Long position4,208,775
Short position5,000
Deutsche Asset Management Investmentgesellschaft mbHMainzer Landstr. 178-190, 60327 FrankfurtDeutsche Bank Aktiengesellschaft100.00Y
Long position5,000
DB Valoren S.a.r.l6, Avenue Paseteur, Luxembourg 2310Deutsche Bank Aktiengesellschaft100.00N
Long position4,208,775
Short position5,000
Deutsche Asia Pacific Holdings Pte LtdOne Raffles Quay #17-10, Singapore 048583Deutsche Bank Aktiengesellschaft100.00N
Long position4,208,775
Short position5,000
Deutsche Asset Management (Asia) LimitedOne Raffles Quay #17-10, Singapore 048583Deutsche Bank Aktiengesellschaft100.00Y
Long position953,600
Deutsche Asset Management (Japan) Limited2-11-1 Sanno Park Tower, Nagata-cho, Chiyoda-kuDeutsche Bank Aktiengesellschaft100.00Y
Long position500
Taunus Corporation1209 Orange Street, Delaware(DE), 19805, Wilmington, USA(United States)Deutsche Bank Aktiengesellschaft100.00N
Long position4,208,775
Short position5,000
Deutsche Bank Trust Corporation111 Elghth Avenue New York 10005Deutsche Bank Aktiengesellschaft100.00N
Long position4,208,775
Short position5,000
Deutsche Bank Trust Company Americas60 Wall Street, New York, NY 10005-2858Deutsche Bank Aktiengesellschaft100.00Y
Long position8,000
Deutsche Bank Americas Holding Corp.60 Wall Street, New York 10005Deutsche Bank Aktiengesellschaft100.00N
Long position4,208,775
Short position5,000
Deutsche Investment Management Americas Inc.345 Park Avenue, New York, NY 10154Deutsche Bank Aktiengesellschaft100.00Y
Long position83,000
DB US Financial Market Holding Corporation1209 Orange Street, Delaware (DE) , 19805, Wilmington, USA (United States)Deutsche Bank Aktiengesellschaft100.00N
Long position4,208,775
Short position5,000
Deutsche Bank Securities Inc1209 Orange Street, Delaware (DE) , 19805, Wilmington, USA (United States)Deutsche Bank Aktiengesellschaft100.00Y
Long position1,175
Deutsche Bank Trust Company DelawareSuite 200, 1011 Centre Road, Wilmington, Delaware, USADeutsche Bank Aktiengesellschaft100.00Y
Long position1,000

23. Further information in relation to interests held by substantial shareholder jointly with another person:
Name of joint shareholderAddressNumber of shares
Nil 
24. Further information from a trustee, or beneficiary of a trust, or a founder of a Discretionary Trust:
Names of TrustAddressStatus codeNumber of shares
Nil  
25. Further information from a party to an agreement under Section 317:
Names of other partiesAddressNumber of shares
Nil 
Total number of shares in which substantial shareholder is interested under section 317 and 318:
26. Details of person(s) in accordance with whose directions the substantial shareholder or its directors are accustomed to act:
NamesAddressRelationship Code%
Nil  
 
27. Date of filing this Form 2: 06/03/2008
(dd/mm/yyyy)
29. Number of attachments: 1