Holding(s) in Company

Hongkong Land Hldgs Ld
23 November 2004

HONGKONG LAND HOLDINGS LIMITED ('HKLH')

DISCLOSURE OF INTERESTS - SUBSTANTIAL SHAREHOLDER



On 23rd November 2004, HKLH received notification from Credit Agricole Lazard
Financial Products Bank (CAL FP Bank) that on 18th November 2004, its interest
in the ordinary shares of HKLH (the Shares) had fallen below the 3% notifiable
level.



CAL FP Bank also advised HKLH that the following entities who had deemed
interests in the Shares held by it had also ceased to have notifiable interests
in the Shares: Credit Agricole Lazard Financial Products Limited, Credit
Agricole S.A., Three Houses Investment Company Limited, Lazard & Co., Limited,
Lazard Freres et Cie and Lazard Freres & Co., LLC.



The holding of CAL FP Bank was previously disclosed at 3.44% in February 2004.





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



23rd November 2004







www.hkland.com






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