Holding(s) in Company

Hongkong Land Hldgs Ld
05 May 2004

HONGKONG LAND HOLDINGS LIMITED ('HKLH')

DISCLOSURE OF INTERESTS - SUBSTANTIAL SHAREHOLDERS

HKLH was notified today that on 5th May 2004, Jardine Strategic Holdings
Limited's ('JSH') interests in HKLH increased from 43.95% to 44.01% as a result
of the acquisition of shares in HKLH by JSH. JSH's interests were made up as
follows:-
                                               No. of shares            %

JSH                                             940,642,564          40.98
The Hongkong Land Company, Limited               69,561,004           3.03
 (wholly-owned subsidiary of HKLH)
Total Holding                                 1,010,203,568          44.01

In addition, by virtue of its interest in JSH, Jardine Matheson Holdings
Limited's deemed interest in the same number of shares increased.





Neil M McNamara, Jardine Matheson Limited
for and on behalf of Hongkong Land Holdings Limited

5th May 2004

www.hkland.com


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