Director Shareholding

IMI PLC
2 November 2000



LETTER TO: COMPANY ANNOUNCEMENTS OFFICE

Pursuant to Section 329 of the Companies Act 1985 I hereby notify you that this
Company yesterday received notice from Mr M J Lamb a Director of this Company
that on 23 October 2000 he purchased 93 IMI shares at £2.145 per share by way of
dividend reinvestment in an ISA.

LETTER FROM: IMI PLC