Purchase of Own Securities

Hong Kong Land Hldgs Ld
10 August 2000


HONGKONG LAND HOLDINGS LIMITED ('HKLH')
US$410,000,000 convertible bonds due 2001 ('Convertible Bonds')


Please be advised that as at 9 August 2000, HKLH has repurchased an aggregate
of US$48,050,000 (nominal) of its Convertible Bonds, being 11.7195% of the
initial nominal amount. The said amount of US$48,050,000 is derived from a
series of purchases carried out since the last notification made on 23
September 1999.  

The repurchased Convertible Bonds have been or will be cancelled. An amount of
US$318,100,000 (nominal) of Convertible Bonds remains outstanding. 


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

10 AUGUST 2000