HENDERSON LAND 2001 ANNUAL REPORT

Development Projects Completed

The following development projects were completed during the financial year:

Gross Group’s Interest Site Floor Gross Floor Area Area Area Location (sq.ft.) (sq.ft.) Purpose (%) (sq.ft.)

HONG KONG 1 3 Seymour Road 17,636 185,295 Commercial/ 63.35 117,384 (Palatial Crest) Residential

2 117 Caine Road 12,595 101,890 Residential 50.00 50,945 Mid-Levels Hong Kong (Casa Bella)

3 8 Hung Lai Road 162,246 1,478,552 Residential/ 50.00 739,276 (Kowloon Inland Serviced Lot No. 11084) Apartment Palatial Crest, Mid-Levels (Royal Peninsula)

14 4 28 Ma Tau Kok Road 20,000 183,344 Commercial/ 80.00 146,675 (Metropolitan Rise) Residential

REVIEW OF OPERA

5 579 Nathan Road 2,205 26,615 Commercial 100.00 26,615 (579 Nathan Road)

6 1 Tuen On Lane, 288,197 276,127 Residential 75.01 207,123 Tuen Mun

TIONS Located at Mid-Levels on (Tuen Mun Town Lot No. 377 R.P.) Hong Kong Island, this 63.35%-owned commercial- (Parkland Villas – cum-residential Blocks 7 to 9) development project has a total G.F.A of approx. 1,288,018 185,000 sq.ft. and 102 carparking spaces that were completed in late 2000. HENDERSON LAND 2001 ANNUAL REPORT

Development Projects Completed (c ont’d)

Gross Group’s Interest Site Floor Gross Floor Area Area Area Location (sq.ft.) (sq.ft.) Purpose (%) (sq.ft.)

THE PEOPLE’S REPUBLIC OF 1 Lot HR-2 256,549 2,244,681 Retail/ 58.53 1,313,812 Li Wan District Residential/ Carparks (Metro Line One – Changshou Road Station) (Heng Bao Garden)

2 Phase VII of 898,758 1,133,763 Retail/ 14.63 165,870 Lexi New City, Residential/ Shajiao Island, Carparks/ Panyu, Club (Fanghua Garden Heng Bao Garden, , Guangzhou – Luotao Villa)

1,479,682 15

TIONS

Total G.F.A. : Approx. REVIEW OF OPERA 2,245,000 sq.ft.; 58.53% Owned by Group. Situates above the Line One - Changshou Road Station, this large-scale development project was completed in June 2001 with 7 residential towers on a 5-storey podium that consists of shopping and carparking facilities. The lower photo shows purchasers at the project’s pre-sale launch earlier in the year. HENDERSON LAND 2001 ANNUAL REPORT

Projects under Pre-sale/Sale

The Group has commenced pre-sale or sale of the following development projects which are under construction or have recently been completed:

Completion Date or Site Gross Group’s Expected Area Floor Area Interest Development Completion Location (sq.ft.) (sq.ft.) Purpose (%) Progress Date

HONG KONG 1 3 Seymour Road 17,636 185,295 Commercial/ 63.35 Completed December (Palatial Crest) Residential 2000

2 117 Caine Road 12,595 101,890 Residential 50.00 Completed March Mid-Levels 2001 Hong Kong (Casa Bella)

3 8 Hung Lai Road 162,246 1,478,552 Residential/ 50.00 Completed December (Kowloon Inland Serviced 2000

Casa Bella, Mid-Levels Lot No. 11084) Apartment (Royal Peninsula)

16 4 28 Ma Tau Kok Road 20,000 183,344 Commercial/ 80.00 Completed April

REVIEW OF OPERA (Metropolitan Rise) Residential 2001

5 1-98 King’s Park Hill Road 168,392 241,113 Residential 61.00 Completed January (King’s Park Hill) 2000

6 108 Castle Peak Road 2,129 16,133 Commercial/ 100.00 Superstructure February (Wealth House) Residential in progress 2002

TIONS 7 28 Lo Fai Road, 283,200 226,561 Residential 100.00 Completed March Tai Po 1999

This 50%-owned project of (Casa Marina I) the Group is a 32-storey high rise residential tower that 8 1 Tuen On Lane, 228,197 276,127 Residential 75.01 Completed October provides 124 units with a total G.F.A. approx. 102,000 Tuen Mun 2000 sq.ft.. It was completed in (Tuen Mun Town March 2001. Lot No. 377 R.P.) (Parkland Villas – Blocks 7 to 9)

9 1 Lo Ping Road, 228,154 182,500 Residential 100.00 Completed May Tai Po 2000 (Casa Marina II) HENDERSON LAND 2001 ANNUAL REPORT

Projects under Pre-sale/Sale (c ont’d)

Completion Date or Site Gross Group’s Expected Area Floor Area Interest Development Completion Location (sq.ft.) (sq.ft.) Purpose (%) Progress Date

THE PEOPLE’S REPUBLIC OF CHINA 1 Lot HR-2 256,549 1,227,527 Residential 58.53 Completed June Li Wan District 2001 Guangzhou (Metro Line One – Changshou Road Station) (Heng Bao Garden)

2 Phase VIII of 1,689,145 2,576,058 Retail/ 14.63 Interior December Lexi New City, Residential/ furnishing 2001

Shajiao Island, Carparks/ Lexi New City, Phase VII, Shajiao Island, Panyu Panyu, Guangdong Club (Fanghua Garden - Luotao (Fanghua Garden Villa) – Luotao South

Zone Villa) 17

TIONS

Total G.F.A.: Approx. 1,134,000 sq.ft.; 14.63% owned by Group. This project was completed in September 2000 and almost all of the residential units have been sold.

REVIEW OF OPERA HENDERSON LAND 2001 ANNUAL REPORT

Additions to Land Bank

During the financial year, the Group replenished its land bank in Hong Kong with total attributable floor area of approximately 920,000 sq.ft., including the following development sites:

Gross Group’s Interest Site Floor Gross Floor Area Area Area Location (sq.ft.) (sq.ft.) Purpose (%) (sq.ft.)

HONG KONG 1 Sai Wan Ho Ferry 131,320 1,368,418 Residential 62.23 851,567 Concourse, Inland Lot No. 8955

2 106-116 Hollywood Road 7,464 63,445 Commercial/ 100.00 63,445 and 1A Ping On Lane Residential

Sai Wan Ho Development Project

18

REVIEW OF OPERA

TIONS

This site was jointly acquired by the Group and Hong Kong & China Gas in late 2000, and is 62.23%-owned by the Group. It will be developed into 5 residential towers with total G.F.A. of approx. 1,370,000 sq.ft. Foundation work is in progress and the development is expected to be completed in 2005. HENDERSON LAND 2001 ANNUAL REPORT

Progress of Major Development Projects

A view of the IFC project from the harbour

Hong Kong development over a level of shops and a 3- storey carpark, with a total gross floor area 1 96-104A Hollywood Road/1-27 Bridges of approximately 85,000 sq.ft. and 40 Street/15 Shing Wong Street carparking spaces. Foundation work has 20 (Group’s interest – 100.00%) been completed.

REVIEW OF OPERA The site is planned to be developed into a residential tower with a total gross floor 4 19-21 Wong Chuk Hang Road area of approximately 184,000 sq.ft.. (Group’s interest – 50.00%) Foundation work is in progress and the An application for changing the site into development is expected to be completed residential usage is in progress. in early 2005.

TIONS 5 Airport Railway Hong Kong Station 2 913-919 & 929-935 King’s Road Development (Group’s interest – 36.17%) (Group’s interest – 100.00%) This is a major commercial development of The site is planned to be developed into a approximately 4,477,000 sq.ft. and is 31-storey residential tower over a level of located above the Airport Railway Hong shops and a 3-storey carpark, with a total Kong Station in the heart of the Central gross floor area of approximately 138,000 Business District. The development sq.ft. and 66 carparking spaces. consists of two office towers, a 3 to 4 storey Superstructure construction work is in retail and entertainment complex, a 1,000 progress and the development is expected room six star and suite hotel complex and to be completed in late 2002. approximately 140,000 sq.ft. of open space. 3 14-16 Shipyard Lane (Group’s interest – 75.00%) The development is being implemented in The site is planned for a residential two phases. The Southern Site HENDERSON LAND 2001 ANNUAL REPORT

Progress of Major Development Projects (c ont’d)

Development consists of the 38-storey One basement. All 1,791 car parking spaces will International Finance Centre office tower be available in mid 2002. of approximately 780,000 sq.ft. of Grade A office space and the IFC Mall consisting of 6 Sai Wan Ho Ferry Concourse, Inland Lot approximately 131,000 sq.ft. of retail No. 8955 (Group’s interest – 62.23%) space. This first phase of the development The site is planned to be developed into was completed in late 1998. The second five residential towers with a total gross phase, or Northern Site Development, floor area of approximately 1,370,000 includes the 88-storey office tower sq.ft.. The development will also provide accommodating approximately 2,000,000 500 private carparking spaces sq.ft. of Grade A office space which will approximately, as well as 200 public become a major landmark building on the carparking spaces. Foundation work is in new central waterfront and will be the progress and the development is expected third tallest building in the world on to be completed in 2005. completion. The tower has been designed by world renowned architect Cesar Pelli & Kowloon Associates Inc in association with Rocco Design Limited. The lower portion of this 7 1 Tai Yau Street 913-919 & 929-935 King’s Road super high-rise tower will be completed (Group’s interest – 70.00%) for occupation in mid 2002. The remainder The site is planned to be developed into an 21 of the tower including the 14 floors to be 18-storey commercial building over a 4- purchased by Government for use by the level podium which consists of one level of Hong Kong Monetary Authority will be ground floor shops and 4 carparking

ready for occupation in late 2003. The levels. The development will have a total TIONS second phase of the retail complex in the gross floor area of approximately 189,000 Northern Site will be completed in the sq.ft. and 80 carparking spaces. second half of 2002 and will result in a Foundation work has been completed. This development project with a total G.F.A. of approx. total retail gross floor area of 138,000 sq.ft. has a 31-storey approximately 640,000 sq.ft.. 8 223 Wai Yip Street residential tower being built over one level of shops and a

REVIEW OF OPERA (Group’s interest – 100.00%) 3-storey car park providing The hotel complex consists of a 30-storey 6 231 Wai Yip Street 66 carparking spaces. It is expected to be completed in star hotel tower and a 40 storey suite hotel (Group’s interest – 100.00%) late 2002. tower and will be operated by Four 39 King Yip Street Seasons Hotel. Spectacular harbour and (Group’s interest – 100.00%) city views can be enjoyed from all rooms. The site is planned to be developed The hotel complex is scheduled for together with 227 and 229 Wai Yip Street completion in 2004. into two 19-storey and one 18-storey office towers, to be built over a 2-level The development will also provide 1,341 podium comprising commercial and office carparking spaces in the basement. The space and 2 basement carparking levels. Airport Railway Station and associated 450 The whole development will provide a carparking spaces are also provided in the total gross floor area of approximately HENDERSON LAND 2001 ANNUAL REPORT

Progress of Major Development Projects (c ont’d)

1,091,000 sq.ft. and 445 carparking spaces basement, with a total gross floor area of and the Group’s attributable gross floor approximately 2,658,000 sq.ft.. area is approximately 966,000 sq.ft.. Superstructure construction work is in progress and the development is expected 9 88 & 92 King Lam Street/59 & 61 Wing to be completed before 2004. Hong Street (Group’s interest – 100.00%) The site is planned to be developed into a 13 Tseung Kwan O Town Lot No. 74 25-storey industrial/office building over a (Tseung Kwan O Station Development) 4-level podium which consists of one level (Group’s interest – 25.00%) of ground floor shops and 3 carparking The site is planned to be developed into a levels, and a level of basement shops. The high-rise residential tower over a 4-storey development will have a total gross floor commercial podium with a total gross area of approximately 298,000 sq.ft. and floor area of approximately 320,000 sq.ft.. 121 carparking spaces. The development is expected to be completed before 2005. 10 165-167 Wai Yip Street/66 How Ming Street (Group’s interest – 100.00%) 14 Tseung Kwan O Town Lot No. 66 A 21-storey office building over a 4-level (Group’s interest – 25.00%) Yuen Long Town Lot 500 podium which includes one level of shops The site is planned to be developed into a and 3 carparking levels will be built. The high-rise residential tower over a 4-storey 22 development will have a total gross floor commercial podium, with a total gross

REVIEW OF OPERA area of approximately 230,000 sq.ft. and floor area of approximately 293,000 sq.ft.. 96 carparking spaces. Superstructure construction work is in progress and the development is expected 11 1-11 & 2-4 Kwong Yung Street/22-30 Yin to be completed before 2004. Chong Street and 1C-1F Kwong Wa Street (Group’s interest – 100.00%) 15 Tuen Mun Town Lot No. 374

TIONS The site is planned to be developed into a (Group’s interest – 25.00%) 34-storey residential tower over a podium Seven 29-storey residential towers and a 2- consisting of 4 levels of shops and 4 storey commercial complex consisting of This 44%-owned project will carparking levels. The development will shops and kindergarten over a 2-storey be developed in four phases into 16 residential tower have a total gross floor area of carparking basement, with a total gross blocks with a total G.F.A. approximately 164,000 sq.ft. and 72 floor area of approximately 1,250,000 approx. 1,140,000 sq.ft.. Superstructure works for carparking spaces. sq.ft. and 1,038 carparking spaces, will be Phase I & II are in progress and Phase I will be built. Superstructure construction work is completed in late 2001. The New Territories in progress and the development is whole development project is expected to be completed expected to be completed in early 2003. by early-2003. 12 Tseung Kwan O Town Lot No. 57 (Group’s interest – 24.59%) 16 Tai Po Town Lot No. 161 The site is planned to be developed into (Group’s interest – 90.10%) ten high-rise residential towers over a 4- The site is planned to be developed by storey commercial podium and carparking phases into 549 luxurious houses with a HENDERSON LAND 2001 ANNUAL REPORT

Progress of Major Development Projects (c ont’d)

total gross floor area of 1,164,000 sq.ft. area of approximately 320,000 sq.ft. and and 999 carparking spaces. The first two 308 carparking spaces. phases comprising 372 house have a total gross floor area of approximately 724,000 19 Yuen Long Town Lot No. 500 sq.ft.. Superstructure work is in progress (Group’s interest – 44.00%) and the first two phases are expected to be This site is divided in 4 phases. Phase I completed in 2002. Phase III comprising comprises seven 13-storey residential 177 houses with a total gross floor area of towers with a total gross floor area of approximately 440,000 sq.ft. is expected to approximately 467,000 sq.ft. over a be completed in late 2003. carparking floor with 245 carparking spaces. Superstructure work is in progress 17 Tung Chung Town Lot No. 1, No. 2 & No. 3 and is expected to be completed in late (Tung Chung Station Development – 2001. Phase II comprises five 14-storey Package One) (Group’s interest – 20.00%) residential towers, with a total gross floor This development is located at the new area of approximately 370,000 sq.ft. and Tung Chung Mass Transit Railway (MTR) 76 carparking spaces. Superstructure Station and forms the town centre of Tung construction work is in progress. Phase II of Chung. The development comprises 12 the development is expected to be No. 2 Guan Dong Dian, Chao Yang District, Beijing residential towers, a hotel, an office and a completed in late 2002. Phase III comprises retail complex. The overall gross floor area two 14-storey residential towers, with a 23 of the development is approximately total gross floor area of approximately 3,885,000 sq.ft. including additional 170,000 sq.ft. and 36 carparking spaces. residential floor area of around 157,000 Phase IV comprises two 14-storey

sq.ft. purchased from Government in 2001 residential towers, with a total gross floor TIONS

for Tung Chung Town Lot No.3 which is area of approximately 132,000 sq.ft. and Total Planned G.F.A.: Approx. located on the waterfront. The completed 26 carparking spaces. Foundation work for 2,609,000 sq.ft,; 40.97% owned by Group. development will provide 2,036 Phases III and IV is in progress. Phases III This site is located within the Third Ring Road Zone in carparking spaces. The 8 residential towers and IV of the development are expected to Beijing and off Chao Yang in Lot No.1 and the retail complex and the be completed in early 2003. Men. The preliminary design

proposed for this REVIEW OF OPERA office tower in Lot No.2 have been development comprises 2 completed. The hotel in Lot No.2 is The People’s Republic of China residential towers of 30 storeys and 36 storeys scheduled for completion in 2004. The 4 respectively, with the latter residential towers and associated facilities 1 No. 2 Guan Dong Dian, Chao Yang Road, tower built on top of a 2- storey shopping podium. in Lot No.3 with approximately 1,196,000 Chao Yang District, Beijing Construction work of the sq.ft. will be completed in early 2002. (Group’s interest – 40.97%) development is expected to commence in early 2002. Located within the Third Ring Road East 18 Fanling Sheung Shui Town Lot No. 189 and off Chao Yang Men, the site has an (Group’s interest – 45.00%) area of approximately 239,357 sq.ft.. The The site is planned to be developed into preliminary design proposes the two 38-storey residential towers over two development of two residential complex levels of carpark podium. The of 30 storeys and 36 storeys with a 2-storey development will have a total gross floor shopping podium. The estimated total HENDERSON LAND 2001 ANNUAL REPORT

Progress of Major Development Projects (c ont’d)

gross floor area of the proposed 4 Lot 201, Lao Hu Tai Road, Zhabei District, development is 2,609,032 sq.ft. (including Shanghai (Group’s interest – 43.90%) 548,964 sq.ft. of area below ground level). The site has an area of approximately 85% of the gross floor area above ground 279,089 sq.ft. and is planned to be level is planned for residential use and the developed into a commercial and remaining 15% for shop space and residential complex for domestic sales. The facilities. Construction work of the proposed development has an estimated development is expected to start in early total gross floor area of approximately 2002. 976,811 sq.ft. and is planned to be completed in phases. The commencement 2 The Grand Gateway, Lot E, Huashan Road, of development will be delayed. Xuhui District, Shanghai (Group’s interest – 15.14%) 5 Lot 251, Dongan Road, Xuhui District, The site has an area of approximately Shanghai (Group’s interest – 43.90%) 546,682 sq.ft. and is planned to be The site has an area of approximately developed into a commercial and 120,320 sq.ft. and is planned to be residential complex comprising two 55- developed into a commercial and storey office towers, a 9-storey serviced residential complex for domestic sales. The apartment tower, two 34-storey proposed development has an estimated residential towers, a shopping arcade and total gross floor area of approximately 24 three levels of underground carparks, with 471,054 sq.ft. and is planned to be

REVIEW OF OPERA an estimated total gross floor area of completed in phases and the approximately 4,628,860 sq.ft.. The commencement of development will be development is expected to be completed delayed. in phases, with the first phase completed in late 1999. 6 Lot 1240, Si Ping Road, Yang Pu District, Shanghai (Group’s interest – 43.90%)

TIONS 3 Lot 688, north of Nanjing Road West, The site has an area of approximately Jingan District, Shanghai 180,146 sq.ft. and is planned to be (Group’s interest – 49.75%) developed into a commercial and The site has an area of approximately residential complex for domestic sales. The 110,342 sq.ft. and the proposed development has an estimated total gross development comprises a 25-storey floor area of approximately 504,412 sq.ft. residential tower and a 25-storey and is planned to be completed in phases residential/office tower above a 3-storey and the commencement of the retail podium, with an estimated total development will be delayed. gross floor area of approximately 867,704 sq.ft.. Demolition work has been 7 Lot 130-2, Heng Feng Road, Zhabei District, completed and the commencement of Shanghai (Group’s interest – 58.53%) development will be delayed. The site has an area of approximately 62,141 sq.ft. and is planned to be HENDERSON LAND 2001 ANNUAL REPORT

Progress of Major Development Projects (c ont’d)

developed into a 23-storey office tower 10 Site on the south of Fangcun Avenue and above a 4-storey retail podium and two the east and west sides of Cross Bridge levels of underground carparks. The over Huadi Avenue, Fangcun District, proposed development has an estimated Guangzhou (Group’s interest – 58.53%) total gross floor area of approximately The site has an area of approximately 513,094 sq.ft. and the commencement of 2,663,579 sq.ft. and is planned to be the development will be delayed. developed into 42 towers on several shopping podiums. The estimated total 8 River Pearl Plaza (Block A), Yanjiang Road gross floor area of the proposed West, , Guangzhou development is approximately 13,429,715 (Group’s interest – 40.03%) sq.ft.. The first phase comprises four River Pearl Plaza (Block B), Yanjiang Road residential towers on a 2-storey retail West, Yuexiu District, Guangzhou podium, with a total gross floor area of (Group’s interest – 36.29%) approximately 1,200,000 sq.ft.. River Pearl Plaza (Block C), Yanjiang Road Resettlement and site clearance works are West, Yuexiu District, Guangzhou in progress and the commencement of the

(Group’s interest – 42.14%) development will be delayed. 1-11 & 2-4 The River Pearl Plaza (Blocks A, B and C) Kwong Yung Street, Mongkok comprises 3 sites with an aggregate site 11 210 Fangcun Avenue, Fangcun District, area of approximately 285,505 sq.ft.. The Guangzhou (Group’s interest – 46.82%) 25 project is planned for the development of The site has an area of approximately an apartment, office and retail complex, 516,941 sq.ft. and is planned to be with an estimated total gross floor area of developed into eight residential towers on

approximately 3,911,648 sq.ft.. a shopping podium. The proposed TIONS Demolition and site clearance works are in development has a total gross floor area of progress and the commencement of the approximately 2,222,012 sq.ft. and is development will be delayed. expected to be completed in phases, with the first phase to be completed in 2003. Being one of the Urban 9 Fortune Garden, Nanhua Road/Tongqing Renewal Authority projects Road/Tongfu Road Central, , participated by private REVIEW OF OPERA property developers, this site Guangzhou (Group’s interest – 58.53%) is being developed by the The site has an area of approximately Group into a 34-storey residential tower with 414,048 sq.ft. and is planned to be carparking facility. Total G.F.A. is approx. 164,000 developed into a 32-storey office tower sq.ft. and eight 30-storey residential towers above a 3-storey retail podium, with an estimated total gross floor area of approximately 3,133,185 sq.ft.. The development plan is now revising with the consideration of new updated rules and regulations as issued by Guangzhou Town Planning Bureau. HENDERSON LAND 2001 ANNUAL REPORT

Investment Properties

Gross Floor Group’s Area No. of Interest Property Purpose Lease Term (sq.ft.) Carpark (%)

HONG KONG 1 Eva Court, Residential 999 years from 108,214 49 73.34 36 MacDonnell Road, 26th October, 1896 Mid-Levels, Hong Kong 2 Golden Centre, Office For a term of years to 134,450 — 100.00 170-188 Des Voeux Road, Commercial 6th March, 2050 21,842 Central, Hong Kong 3 ING Tower Office 999 years from 182,373 — 100.00 (formerly known Commercial 26th December, 1866 31,987 as Aetna Tower), 308-320 Des Voeux Road Central/ 98-116 Wing Lok Street, Hong Kong 4 On Loong Office 99 years from 23,856 — 100.00 Commercial Building, Commercial 11th May, 1928 1,708 276-278 Lockhart Road, Wanchai, Hong Kong 27 (excluding 6/F-A & 21/F) 5 Joseph Yen Industrial 75 years from 114,300 10 100.00 Industrial Building, 15th September, 1963

24 Lee Chung Street, (renewable for 75 years) TIONS Chai Wan, Hong Kong 6 Silver Fortune Plaza, Commercial 924 years from 28,953 — 36.67 Lower Ground Floor, 26th June, 1918 Upper Ground Floor and First to Fourth Floors, 1 Wellington Street,

Hong Kong REVIEW OF OPERA 7 AIA Tower, Office For a term of years to 490,072 256 94.56 183 Electric Road, Commercial 30th June, 2047 22,338 North Point, Hong Kong

Investment Properties 7

6

5

4

3

2

GFA in million sq.ft. GFA

1

0 97 98 99 00 01 Financial Year HENDERSON LAND 2001 ANNUAL REPORT

Investment Properties (c ont’d)

Gross Floor Group’s Area No. of Interest Property Purpose Lease Term (sq.ft.) Carpark (%)

8 One International Office For a term of years to 784,480 355 36.17 Finance Centre, Commercial 30th June, 2047 131,138 1 Harbour View Street, Central, Hong Kong 9 MLC Tower Office 999 years from 323,418 46 17.13 (formerly known as Commercial 16th March, 1855 11,481 CEF Life Tower), 248 Queen’s Road East, Wanchai, Hong Kong

KOWLOON 10 Hollywood Plaza, Office For a term of years to 193,284 — 24.44 610 Nathan Road, Commercial 30th June, 2047 100,543 Mongkok, MLC Tower (formerly Kowloon known as CEF Life Tower) 11 Kowloon Building, Office 75 years from 84,626 — 73.34 555 Nathan Road, Commercial 4th February, 1985 28,656 Mongkok, 28 Kowloon

REVIEW OF OPERA 12 Righteous Centre, Office 150 years from 41,004 — 100.00 585 Nathan Road, Commercial 25th December, 1887 10,763 Mongkok, Kowloon 13 Winning Centre, Industrial For a term of years to 150,212 — 100.00 29 Tai Yau Street, 30th June, 2047 San Po Kong, Kowloon

TIONS 14 Well Tech Centre, Office/ For a term of years to 136,376 49 73.34 Completed in late 1998 for 9 Pat Tat Street, Industrial 30th June, 2047 rental purpose, this 17.13%- San Po Kong, owned 34-storey quality Kowloon office building of approx. 334,900 sq.ft. in total G.F.A. (1/F to 15/F& 20/F to 29/F) is located on Queen’s Road 15 579 Nathan Road, Office 150 years from 18,810 — 100.00 East, Wanchai, Hong Kong. 579 Nathan Road, Commercial 25th December, 1887 7,805 Mongkok, Kowloon HENDERSON LAND 2001 ANNUAL REPORT

Investment Properties (c ont’d)

Gross Floor Group’s Area No. of Interest Property Purpose Lease Term (sq.ft.) Carpark (%)

NEW TERRITORIES 16 Fanling Centre, Commercial For a term of years to 151,513 302 93.86 33 San Wan Road, 30th June, 2047 Fanling, New Territories 17 Flora Plaza, Commercial For a term of years to 157,762 217 60.00 88 Pak Wo Road, 30th June, 2047 Fanling, New Territories 18 Block C, Industrial For a term of years to 292,264 182 73.34 Hang Wai Industrial Centre, 30th June, 2047 Pui To Road/Kin On Street/ Kin Wing Street/ Kin Tai Street, Tuen Mun, New Territories 19 The Trend Plaza, Tuen Mun Commercial For a term of years to 195,280 78 73.34 AIA Tower, North Point Heung Sze Wui Road, 30th June, 2047 Tuen Mun, New Territories 30 20 Marina Cove, Commercial For a term of years to 23,915* 377 40.00 Lot No. 526 in 30th June, 2047 REVIEW OF OPERA D.D. No. 210, Sai Kung, New Territories 21 City Landmark II Commercial For a term of years to 155,022 127 93.07 (formerly known 30th June, 2047 as Town Square), 145-165 Castle Peak Road, Tsuen Wan, New Territories

TIONS 94.56% owned by the Group 22 Skyline 2000 Commercial For a term of years to 154,259 104 100.00 for rental purpose, this 44- 88 Tai Ho Road, 30th June, 2047 storey commercial building Tsuen Wan, of approx. 512,000 sq.ft. in New Territories total G.F.A. is located in North Point, Hong Kong. 23 City Landmark I Office For a term of years to 209,420 133 74.96 (formerly known Commercial 30th June, 2047 184,838 as City Landmark), 68 Chung On Street, Tsuen Wan, New Territories

* There are also 303 pontoons and 75 hardstand spaces. HENDERSON LAND 2001 ANNUAL REPORT

Investment Properties (c ont’d)

Gross Floor Group’s Area No. of Interest Property Purpose Lease Term (sq.ft.) Carpark (%)

24 Shatin Centre, Commercial For a term of years to 100,029 545 69.23 2-16 Wang Pok Street, 30th June, 2047 Sha Tin, New Territories 25 Shatin Plaza, Commercial For a term of years to 147,943 134 77.55 21-27 Shatin Centre Street, 30th June, 2047 Sha Tin, New Territories 26 City One Plaza, Commercial For a term of years to 413,273 986 18.34 Ngan Shing 30th June, 2047 Shopping Centre, Wet Market and various shop units under residential towers, City One Shatin, New Territories 27 Blocks A & B, Commercial For a term of years to 9,305 — 100.00 Sunshine City, 30th June, 2047 Winning Centre, 18 On Shing Street, San Po Kong Ma On Shan, New Territories 31 28 Blocks C & D, Commercial For a term of years to 10,236 — 50.00 Sunshine City, 30th June, 2047 22 On Shing Street, Ma On Shan, New Territories TIONS 29 Blocks N, P, Q & R, Commercial For a term of years to 58,881 196 100.00 Sunshine City, 30th June, 2047 8 On Shing Street, Ma On Shan, New Territories This 24-storey industrial 30 Sunshine City Plaza, Commercial For a term of years to 532,637 831 100.00 building situates in San Po

18 On Luk Street, 30th June, 2047 REVIEW OF OPERA Kong, Kowloon, and Ma On Shan, provides a total G.F.A. of New Territories approx. 150,000 sq.ft. with 31 Sunshine Bazaar, Commercial For a term of years to 79,642 234 100.00 car parking facility. 628 Sai Sha Road, 30th June, 2047 Ma On Shan, New Territories HENDERSON LAND 2001 ANNUAL REPORT

Investment Properties (c ont’d)

Gross Floor Group’s Area No. of Interest Property Purpose Lease Term (sq.ft.) Carpark (%)

32 Citimall, Commercial For a term of years to 140,341 51 100.00 1 Kau Yuk Road, 30th June, 2047 Yuen Long, New Territories 33 La Cité Noble Commercial For a term of years to 35,186 — 100.00 Shopping Arcade, 30th June, 2047 1 Ngan O Road, Tseung Kwan O, New Territories 34 Dawning Views Plaza, Commercial For a term of years to 87,766 — 100.00 23 Yat Ming Road, 30th June, 2047 Fanling, New Territories 35 Metro City Phase 2, Commercial For a term of years to 956,849 669 100.00 Shopping Arcade, 30th June, 2047 8 Yan King Road, Tseung Kwan O, New Territories Citygate, Tung Chung 36 Metro City Phase 3, Commercial For a term of years to 266,954 232 100.00 Shopping Arcade, 30th June, 2047 32 The Metropolis, 8 Mau Yip Road,

REVIEW OF OPERA Tseung Kwan O, New Territories 37 Citygate, Office For a term of years to 161,400 1,163 20.00 This 20%-owned shopping 20 Tat Tung Road, Commercial 30th June, 2047 462,680 centre of the Group provides Tung Chung, shopping and recreation Lantau Islands, facilities to residents of the New Territories Tung Chung new town close

TIONS to the Hong Kong International Airport.