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Henderson Land Development Company Limited HK$8 Billion 3-Year Term Loan Facility

( Hong Kong, 21 st July 2009 ) Henderson Land Development Company Limited ( " Henderson Land" or the " Group" ) is pleased to announce the signing of a HK$ 8 billion syndicated term loan facility ( the " Facility" ) with a consortium of 34 leading international and local financial institutions on 21 st July 2009 .

This 3 - year Facility carries an interest rate of HIBOR plus 1 % per annum. The Facility will be used for replacing one of the HK$ 5 billion tranches of the existing syndicated credit facilities of the Group which will shortly expire and also to cater for the general corporate funding requirement of Henderson Land and/ or its subsidiaries.

The Facility was very well received by international as well as local banks with heavy oversubscription and well exceeded two fold of the initial facility size of HK$ 5 billion. The final amount of the Facility was increased to HK$ 8 billion. The overwhelming response to this Facility clearly demonstrates the confidence and support of the banking community in the strong financial position of Henderson Land and the superior credit quality of the Group.

The principal business activities of Henderson Land are property development and property investment. The Group is one of the largest property companies in Hong Kong and it is also active in the property development and property investment business in Mainland China. Other business activities of the Group include project management, construction, property management, finance, public utility, hotel and retailing.

The Facility was participated by the following international and local financial institutions:
Mandated Lead Managers
Bank of China (Hong Kong) Limited      (also to act as Facility Agent)
Agricultural Bank of China Limited, Hong Kong Branch
CCB International Finance Limited
Industrial and Commercial Bank of China (Asia) Limited
Bank of Communications Co., Ltd. Hong Kong Branch
The Bank of East Asia, Limited
The Bank of Tokyo-Mitsubishi UFJ, Ltd.
Mizuho Corporate Bank, Ltd, Hong Kong Branch
Sumitomo Mitsui Banking Corporation
Australia and New Zealand Banking Group Limited
DBS Bank Ltd
Industrial and Commercial Bank of China (Macau) Limited
The Royal Bank of Scotland plc
BNP Paribas
Oversea-Chinese Banking Corporation Limited Hong Kong Branch
United Overseas Bank Limited
Wing Hang Bank, Limited
Senior Manager
Tai Fung Bank Limited
Cathay United Bank Company, Limited, Hong Kong Branch
Chang Hwa Commercial Bank, Ltd. (Hong Kong Branch)
China Construction Bank (Asia) Corporation Limited
Chinatrust Commercial Bank, Ltd.
Chong Hing Bank Limited
Dah Sing Bank, Limited
First Commercial Bank, Hong Kong Branch
Fubon Bank (Hong Kong) Limited
Land Bank of Taiwan Co., Ltd. Hong Kong Branch
Scotiabank (Hong Kong) Limited
Shanghai Commercial Bank Ltd.
Standard Chartered Bank (Hong Kong) Limited
Wing Lung Bank, Limited