Directors' Dealings

Hong Kong Land Hldgs Ld
6 March 2000


DEALINGS BY DIRECTORS
       
Disclosure of interests in shares or debentures and notifications of dealings
under the Stock Exchange requirements.

1.   Name of Company

     HONGKONG LAND HOLDINGS LIMITED

2.   Name of Director

     NICHOLAS SALLNOW-SMITH

3.   Please state whether notification indicates that it is in
     respect of holding of the Director named in 2 above or holding
     of that person's spouse or children under the age of 18 or in
     respect of a non-beneficial interest.

     IN RESPECT OF DIRECTOR NAMED ABOVE

4.   Name of the registered holder(s) and, if more than one holder,
     the number of shares held by each of them (if notified).

     THE CENTRAL DEPOSITORY (PTE) LIMITED

5.   Please state whether notification related to a person(s)
     connected with the Director named in 2 above and identify the
     connected person(s).

     NO

6.   Please state the nature of the transaction and the nature
     and extent of the director's interest in the transaction.

     PURCHASE OF SHARES, BENEFICIAL INTEREST

7.   Number of shares/ amount of stock acquired.

     10,000 ORDINARY SHARES
    
8.   Percentage of issued class

     0.00039 PER CENT
    
9.   Number of shares/amount of stock disposed.

     NIL

10.  Percentage of issued class

     N/A

11.  Class of security

     ORDINARY SHARES OF US$ 0.10 EACH

12.  Price per share

     US$ 1.27 PER SHARE

13.  Date of transaction

     6 MARCH 2000

14.  Date company informed

     6 MARCH 2000

15.  Total holding following this notification.

     10,000 ORDINARY SHARES     

16.  Total percentage of issued class following this notification.

     0.00039 PER CENT
    
22.  Total number of shares or debentures over which options
     held following this notification

     NIL

23.  Additional information

     NONE

24.  Name of contact and telephone number for queries

     A W BARTLETT  - 020 7816 8161
                                                               
25.  Name of authorised company official responsible for making
     this notification.

     A W BARTLETT, Matheson & Co., Limited, London
     Secretaries of Hongkong Land Holdings Limited 

     Date of notification  - 6 MARCH 2000