Appointment

Hong Kong Land Hldgs Ld
1 November 2001

MANAGEMENT CHANGES AT HONGKONG LAND

1st November 2001 - Hongkong Land Holdings Limited announced today the
appointment of Francis Heng as Chief Financial Officer of the Group and
Finance Director of Hongkong Land Limited with effect from 1st December 2001.
He will succeed Kuah Boon Wee who is to take up a position outside the Group
in Singapore.

Mr Heng has been Group Treasurer of Jardine Matheson since 1998, prior to
which he was Group Treasurer in Hongkong Land.  He has extensive finance
experience, having held various finance, investment and treasury roles in
different corporate settings.  Mr Heng has previously lived and worked in
Singapore, New York, London and Switzerland.

Chief Executive of Hongkong Land, Nicholas Sallnow-Smith, said, 'Boon Wee has
been an imaginative Chief Financial Officer and a valued colleague.  We are
sad to see him go but wish him well in his future career.  We welcome Francis
back to Hongkong Land where he served as Treasurer for two years.'

Hongkong Land is a leading property and infrastructure investment, management
and development group.  The Company owns and manages some 5 million sq. ft of
prime office and retail space in the heart of Hong Kong's Central business
district.  It is active primarily in the Hong Kong SAR, Mainland China and
Singapore, and has a portfolio of property and infrastructure interests in
other Asian cities.  Hongkong Land employs some 600 people, has its primary
share listing in London, and at end of 2000, reported shareholders' funds in
excess of US$6 billion. The Company is a member of the Jardine Matheson Group.

                                   - end -

For further information, please contact:


Hongkong Land Limited                                           (852) 2842 8300
Nicholas Sallnow-Smith

Matheson & Co. Limited                                        (44) 20 7816 8135
Martin Henderson

Golin/Harris Forrest                                            (852) 2501 7937
Adrian Overholser

Golin/Harris Ludgate                                          (44) 20 7324 8888
Richard Hews





This and other Company announcements can be accessed through the Internet at 
'www.hkland.com'.