Re Fixed Rate Notes Issue

Hongkong Land Hldgs Ld
08 September 2005



  HONGKONG LAND MANDATES SGD500 MILLION FIVE & TEN-YEAR FIXED RATE NOTES ISSUE
                                        
8th September 2005 - Hongkong Land Holdings Limited today announced that DBS 
Bank Ltd. and The Hongkong and Shanghai Banking Corporation Limited have been 
mandated as Joint Lead Managers for a SGD500 million five and ten-year fixedrate 
notes issue. The notes, which will be guaranteed by Group company, The Hongkong 
Land Company, Limited, will be listed on the Singapore Exchange.

The offering will be launched following the completion of a roadshow, which will
be conducted in Singapore next week. Proceeds of the issue will be used for the
Group's general corporate funding requirements.

Further details will be released upon completion of the transaction.

Hongkong Land is a leading property investment, management and development group
with a major portfolio in Hong Kong, where it owns and manages some five million
sq. ft of prime office and retail space in the heart of the Central business
district. It also develops high quality property projects elsewhere in Asia.
Hongkong Land Limited manages these assets from Hong Kong by providing services
to Group companies. Hongkong Land Holdings Limited is incorporated in Bermuda
with its primary share listing in London. The Company's shares are also listed
in Bermuda and Singapore. Hongkong Land is a member of the Jardine Matheson
Group.

                                    - end -


For further information, please contact:

Hongkong Land Limited
Geoffrey M Brown                                                 (852) 2842 8138

Matheson & Co Ltd
Martin Henderson                                               (44) 207 816 8135

GolinHarris
CT Hew                                                           (852) 2522 7928

Weber Shandwick Square Mile
Richard Hews / Helen Thomas                                    (44) 207 067 0700

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

These materials are not an offer of securities for sale in the United States.
The securities may not be offered or sold in the United States absent
registration or an exemption from registration. Any public offering of
securities to be made in the United States will be made by means of a prospectus
that may be obtained from the issuer or the selling security holder that will
contain detailed information about the company and management, as well as
financial statements.




                      This information is provided by RNS
            The company news service from the London Stock Exchange