Director Shareholding

Hong Kong Land Hldgs Ld
3 December 2001

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.

BRIAN RICHARD KEELAN

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

IN RESPECT OF DIRECTOR NAMED IN 2 ABOVE.

BENEFICIAL INTEREST

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

THE CENTRAL DEPOSITORY (PTE) LIMITED

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

NO

6. Please state the nature of the transaction.

ACQUISITION OF SHARES

7. Number of shares/amount of stock acquired.

100,000 SHARES

8. Percentage of issued class.

0.0041%

9. Number of shares/amount of stock disposed.

NIL

10. Percentage of issued class.

N/A

11. Class of security.

ORDINARY SHARES OF US$0.10 EACH

12. Price per share.

US$1.7238

13. Date of transaction.

30TH NOVEMBER 2001

14. Date company informed.

3RD DECEMBER 2001

15. Total holding following this notification.

100,000 SHARES

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

0.0041%

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

NONE

18. Additional information.

NONE

19. Name of contact and telephone number for queries.

CARMEN TAM - 852 2843 8270

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

NEIL M McNAMARA, Jardine Matheson Limited
For and on behalf of Hongkong Land Holdings Limited

3RD DECEMBER 2001





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