10:22     HENDERSON CHINA<00246> - Announcement                               

    The Stock Exchange of Hong Kong Limited takes no responsibility for       
    the contents of this announcement, makes no representation as to its      
    accuracy or completeness and expressly disclaims any liability            
    whatsoever for any loss howsoever arising from or in reliance upon        
    the whole or any part of the contents of this announcement.               
                                                                              
    HENDERSON CHINA HOLDINGS LIMITED                                          
    Incorporated in Bermuda with limited liability                            
    (Stock Code: 0246)                                                        
                                                                              
    CLARIFICATION AND                                                         
    UNUSUAL PRICE MOVEMENT AND TRADING VOLUME                                 
    ANNOUNCEMENT                                                              
                                                                              
    This statement is made at the request of The Stock Exchange of Hong       
    Kong Limited.                                                             
                                                                              
    Henderson China Holdings Limited (the `Company') refers to a press        
    article in today's Hong Kong Economic Times reporting that Henderson      
    Land Development Company Limited (`Henderson Land'), the Company's        
    holding company, has the intention to privatise the Company.              
                                                                              
    The Company wishes to clarify that the Company has been informed by       
    Henderson Land that Henderson Land has no intention to privatise the      
    Company.                                                                  
                                                                              
    The Company noted the recent increase in the price and trading            
    volume of the shares of the Company and wishes to state that the          
    Company is not aware of any reasons for such increase.                    
                                                                              
    The Company also confirms that there are no negotiations or               
    agreements relating to intended acquisitions or realisations which        
    are discloseable under rule 13.23 of the Listing Rules and neither is     
    the Board aware of any matter discloseable under the general              
    obligation imposed by rule 13.09 of the Listing Rules, which is or        
    may be of a price-sensitive nature.                                       
                                                                              
    Made by the order of the Board of the Company, the directors of           
    which individually and jointly accept responsibility for the accuracy     
    of this statement.                                                        
                                                                              
                                   By Order of the Board                      
                                   John YIP Ying Chee                         
                                   Secretary                                  
                                                                              
    Hong Kong, 3rd February, 2005                                             
                                                                              
    As at the date of this announcement, the Board comprises: (1)             
    executive directors: Lee Ka Kit (Chairman), Lee Shau Kee, Colin Lam       
    Ko Yin, Lee King Yue, Leung Sing, Lee Ka Shing, Patrick Kwok Ping Ho,     
    Ho Wing Fun and Cheung Fong Ming; (2) non-executive directors: Wong       
    Ying Wai, Kan Fook Yee and Philip Yuen Pak Yiu; and (3) independent       
    non-executive directors: Liang Shangli, Gordon Kwong Che Keung and        
    Leung Yuk Kwong.