Eurobond Offering

Hongkong Land Hldgs Ld
16 April 2004





To: Business Editor                                       For immediate release


            HONGKONG LAND MANDATES US$300M 10-YEAR EUROBOND OFFERING


16th April 2004 - Hongkong Land Holdings Limited today announced that Group
company The Hongkong Land Company, Limited has mandated HSBC and JPMorgan as
Joint Bookrunners on its forthcoming US$300 million 10-year Eurobond offering.

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

Further details will be released upon completion of the offering.

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.

Hongkong Land Limited manages these assets and the Group's other property and
infrastructure interests in Asia 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 Singapore and
Bermuda. Hongkong Land is a member of the Jardine Matheson Group.

                                    - end -


For further information, please contact:

Hongkong Land Limited
Francis Heng                                                   (852) 2842 8400

Matheson & Co Limited
Martin Hendreson                                             (44) 20 7816 8135

Golin/Harris Forrest
C T Hew                                                        (852) 2501 7963

Weber Shandwick Square Mile
Richard Hews/ Katie Hunt                                     (44) 20 7067 0700

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