Director Shareholding

Hongkong Land Hldgs Ld
07 January 2003

HONGKONG LAND HOLDINGS LIMITED (the 'Company')



NOTIFICATION OF INTERESTS OF DIRECTORS AND CONNECTED PERSONS



Disclosure of interests in shares or debentures and notifications of dealings
under the listing rules of the UK Listing Authority.



1. Name of Company.



Hongkong Land Holdings Limited



2. Name of Director.



Richard Lee



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



(a)                In respect of the director named in 2 above; a beneficial
interest of 2,238,685 shares in the Company



(b)                In respect of connected person (see 5 below); non-beneficial
interest of 2,769,442 shares in the Company



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



UBS Warburg Nominees (H.K.) Ltd - 2,484,144 shares in the Company

DB Nominees (Singapore) Pte Ltd - 2,523,983 shares in the Company



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



Yes.

The connected person is Lees Charitable Foundation Limited which owns 2,769,442
shares in the Company.



6. Please state the nature of the transaction.



Interests in the Company's shares as at date of appointment



7. Date company informed.



7th January 2003



8. Total holding following this notification.



5,008,127 ordinary shares of US$0.10 each



9. Total percentage holding of issued class following this notification.



0.218%



10. Total number of shares or debentures over which options held following this
notification.



None



11. Additional information.



None

12. Name of contact and telephone number for queries.



Neil McNamara - 852 2843 8227



13. Name of authorised company official responsible for making this
notification.



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



7th January 2003







www.hkland.com


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