Fortis to Lease Nine Floors in Exchange Square
Central location key factor in office expansion

HONG KONG, 25th April 2008 -- Hongkong Land today announced that the banking and insurance group Fortis has signed a lease for nine floors of Three Exchange Square, roughly tripling its presence in the Grade A office building.

The transaction was concluded in early February and covers 105,000 sq. ft of net floor area in one of Hong Kong's best-located office buildings in the Central district, home to the financial services industry and supporting industries such as the legal and accounting professions.

Mr Luc Henrard, CEO Asia Pacific, Fortis, said, "Following our rapid expansion in Asia, we are continually looking for space that would allow us to consolidate our operations within Hong Kong. We are very pleased to sign the new lease of Three Exchange Square which is one of the most prestigious business locations in Hong Kong".

Mr Raymond Chow, Executive Director of Hongkong Land, said, "The transaction reaffirms Hong Kong's status as one of the world's leading financial services hubs, and Central as the location of choice for the global wealth management industry. Extremely high levels of demand for Central office space continue to underpin a low vacancy rate, which currently stands at below 2%."

About Hongkong Land
Hongkong Land is one of Asia's leading property investment, management and development groups. Founded in Hong Kong in 1889, the Group has business interests across the region. Hongkong Land's business is built on partnership, integrity and excellence.

In Hong Kong, the Group owns and manages some five million sq. ft of prime commercial space that defines the heart of the Central Business District. In Singapore, it is helping to create the city-state's new Central Business District with the expansion of its joint venture portfolio of new developments. Hongkong Land's properties in these and other Asian centres are recognised as market leaders and house the world's foremost financial, business and luxury retail names.

Hongkong Land also develops premium residential properties in a number of cities in the region, not least in Singapore where its 77%-owned listed affiliate, MCL Land, is a significant developer.

Hongkong Land Holdings Limited is incorporated in Bermuda. Its primary listing is in London, and its shares are also listed in Bermuda and Singapore. The Group's assets and investments are managed from Hong Kong by Hongkong Land Limited. Hongkong Land is a member of the Jardine Matheson Group.

About Fortis
Fortis is an international financial services provider engaged in banking and insurance. We offer our personal, business and institutional customers a comprehensive package of products and services through our own channels, in collaboration with intermediaries and through other distribution partners. With a market capitalisation of EUR 35.1 billion (31/03/2008), Fortis ranks among the 15 largest financial institutions in Europe. Our sound solvency position, our presence in over 50 countries and our dedicated, professional workforce of 65,000 enable us to combine global strength with local flexibility and provide our clients with optimum support.

Fortis has been in Asia for over 105 years. It has successfully combined its banking and insurance expertise in key growth markets in the region. With its Asian headquarter in Hong Kong, Fortis has offices in Bangkok, Beijing, Dubai, Guangzhou, Hanoi, Ho Chi Minh City, Jakarta, Kuala Lumpur, Manila, Mumbai, Seoul, Shanghai, Singapore, Sydney, Taipei and Tokyo. More information is available at www.fortis.com.

For further information, please contact:
Hongkong Land	Angela Yeung	(852) 2842 8222
Fortis		(852) 2823 0815
GolinHarris	Sue So	(852) 2501 7984