GROUP REORGANISATION OF

HENDERSON LAND DEVELOPMENT COMPANY LIMITED’S INTERESTS
IN THE HONG KONG AND CHINA GAS COMPANY LIMITED

VERY SUBSTANTIAL DISPOSAL AND CONNECTED TRANSACTION

PROPOSED REDUCTION OF SHARE PREMIUM ACCOUNT

FURTHER DISTRIBUTION

The Board is pleased to announce that on 16 January 2008, the Court made an order confirming the
Share Premium Reduction.

Reference is made to the joint announcement dated 2 October 2007 of Henderson Land
Development Company Limited (“HLD”) and Henderson Investment Limited (the “Company”),
the circular dated 20 October 2007 of the Company (the “Circular”), the joint announcement dated
7 November 2007 of HLD and the Company, the supplementary circular dated 14 November 2007
of the Company (the “Supplementary Circular”, together with the Circular, the “Circulars”) and
the announcements of the Company dated 7 December 2007 and 27 December 2007 respectively.
Unless otherwise defined herein, capitalised terms used in this announcement have the same
meanings as those used in the Circulars.

The Board is pleased to announce that on 16 January 2008, the Court made an order (the “Court
Order”) confirming the Share Premium Reduction which was previously approved by a special
resolution passed by the Shareholders at the New EGM held on 7 December 2007.

It is expected that the Court Order will be registered by the Registrar of Companies in Hong Kong
on 17 January 2008. After due registration of the Court Order, the Further Distribution (i.e. a
further cash distribution of HK$1.21 per Share) will be made to the Shareholders whose names
appear on the register of members of the Company on Wednesday, 23 January 2008. Cheques for
cash payments pursuant to the Further Distribution will be despatched on Friday, 25 January 2008.

As previously announced, for the purpose of determination of entitlements to the Further
Distribution, the register of members of the Company will be closed on Wednesday, 23 January
2008, on which day no transfer of Shares will be registered. In order to qualify for entitlements to
the Further Distribution, all completed transfer forms accompanied by the relevant share certificates
must be lodged with the share registrar of the Company, Tricor Standard Limited of 26th Floor,
Tesbury Centre, 28 Queen’s Road East, Wanchai, Hong Kong, by not later than 4:00 p.m. on
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Tuesday, 22 January 2008. The last day of dealing in the Shares cum-entitlement to the Further
Distribution will be Friday, 18 January 2008, and the Shares will then be traded ex-entitlement to
the Further Distribution as from Monday, 21 January 2008.

By Order of the Board
Henderson Investment Limited
Timon Liu Cheung Yuen
Company Secretary

Hong Kong, 16 January 2008

As at the date of this announcement, the board of directors of the Company comprises: (1) executive directors: Lee Shau
Kee (Chairman), Lee Ka Kit, Colin Lam Ko Yin, Lee Ka Shing, Lee Tat Man, Suen Kwok Lam, Lee King Yue, Eddie Lau
Yum Chuen, Li Ning, Patrick Kwok Ping Ho, Augustine Wong Ho Ming and Sit Pak Wing; (2) non-executive directors:
Woo Po Shing, Philip Yuen Pak Yiu, Leung Hay Man and Jackson Woo Ka Biu (as alternate to Woo Po Shing); and
(3) independent non-executive directors: Gordon Kwong Che Keung, Ko Ping Keung and Wu King Cheong.
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